Maryland Institute Of Development
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 157,585 | 102,043 | 55,542 | 13.9 | — |
| 2021 | 183,191 | 153,768 | 29,423 | 11.5 | — |
| 2022 | 195,530 | 203,529 | −7,999 | 8.2 | — |
In its most recent public year (2022), this organization spent $7,999 more than it brought in. Its reserves stood at about 8.2 months of spending, down from 13.9 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 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
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