Innovation Law Lab
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 616,761 | 515,678 | 101,083 | 6.5 | 49% |
| 2019 | 1,895,495 | 1,506,913 | 388,582 | 4.6 | 49% |
| 2020 | 3,385,998 | 2,390,040 | 995,958 | 7.9 | 45% |
| 2021 | 4,502,049 | 3,395,774 | 1,106,275 | 9.5 | 40% |
| 2022 | 3,555,200 | 3,892,565 | −337,365 | 7.6 | 36% |
| 2023 | 9,458,378 | 4,699,646 | 4,758,732 | 18.4 | 44% |
In its most recent public year (2023), this organization brought in $4,758,732 more than it spent. Its reserves stood at about 18.4 months of spending, up from 6.5 in 2018. Staff pay was 44% of spending. $516,559 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
Innovation Law Lab'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