Industrial Arts Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 391,895 | 302,772 | 89,123 | 0.8 | 59% |
| 2019 | 995,243 | 775,010 | 220,233 | 3.7 | 45% |
| 2020 | 809,334 | 775,438 | 33,896 | 4.3 | 46% |
| 2021 | 771,453 | 642,063 | 129,390 | 7.6 | 39% |
| 2022 | 1,210,464 | 966,793 | 243,671 | 8.9 | 33% |
| 2023 | 802,824 | 836,905 | −34,081 | 10.2 | 30% |
| 2024 | 942,013 | 812,559 | 129,454 | 12.4 | 34% |
In its most recent public year (2024), this organization brought in $129,454 more than it spent. Its reserves stood at about 12.4 months of spending, up from 0.8 in 2018. Staff pay was 34% of spending. $13,047 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 2024. 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
Industrial Arts Institute Inc's IRS filings as a feed — one entry per filing year, through 2024. 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