The Foundation For American Innovation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 566,305 | 461,716 | 104,589 | 2.9 | 0% |
| 2016 | 888,486 | 635,159 | 253,327 | 10.2 | 28% |
| 2017 | 1,684,910 | 1,530,645 | 154,265 | 5.1 | 29% |
| 2018 | 2,844,753 | 2,425,635 | 419,118 | 5.3 | 41% |
| 2019 | 2,573,058 | 2,369,119 | 203,939 | 6.6 | 48% |
| 2020 | 2,505,566 | 2,645,933 | −140,367 | 5.3 | 58% |
| 2021 | 4,377,840 | 3,278,966 | 1,098,874 | 8.3 | 53% |
| 2022 | 3,932,822 | 4,347,192 | −414,370 | 5.1 | 47% |
In its most recent public year (2022), this organization spent $414,370 more than it brought in. Its reserves stood at about 5.1 months of spending, up from 2.9 in 2015. Staff pay was 47% of spending. $732,938 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 2022. 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
The Foundation For American Innovation's IRS filings as a feed — one entry per filing year, through 2022. 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