Illustrative Mathematics
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 451,198 | 198,549 | 252,649 | 15.3 | 0% |
| 2015 | 1,847,515 | 2,235,602 | −388,087 | 2.8 | 37% |
| 2016 | 2,963,812 | 2,312,430 | 651,382 | 6.1 | 52% |
| 2017 | 4,737,485 | 4,230,528 | 506,957 | 4.8 | 58% |
| 2018 | 5,181,143 | 4,612,785 | 568,358 | 7.2 | 50% |
| 2019 | 8,346,929 | 9,092,924 | −745,995 | 2.7 | 60% |
| 2020 | 10,171,672 | 9,489,259 | 682,413 | 3.4 | 55% |
| 2021 | 11,729,780 | 9,884,336 | 1,845,444 | 5.5 | 56% |
| 2022 | 21,282,852 | 14,020,395 | 7,262,457 | 10.1 | 54% |
| 2023 | 16,882,710 | 18,275,827 | −1,393,117 | 6.8 | 51% |
In its most recent public year (2023), this organization spent $1,393,117 more than it brought in. Its reserves stood at about 6.8 months of spending, down from 15.3 in 2014. Staff pay was 51% of spending. $1,956,277 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Illustrative Mathematics's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works