South Carolina Manufacturers Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 0 | 1,595 | −1,595 | 234.1 | 0% |
| 2021 | 47 | 1,644 | −1,597 | 216.4 | — |
| 2022 | 30 | 2,519 | −2,489 | 129.4 | — |
| 2023 | 75 | 2,728 | −2,653 | 107.8 | — |
In its most recent public year (2023), this organization spent $2,653 more than it brought in. Its reserves stood at about 107.8 months of spending, down from 234.1 in 2020.
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
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