Block Island Maritime Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 85,454 | 64,618 | 20,836 | 0.0 | 27% |
| 2011 | 105,990 | 103,260 | 2,730 | 29.4 | 0% |
| 2012 | 137,915 | 110,410 | 27,505 | 13.3 | 16% |
| 2013 | 122,703 | 132,243 | −9,540 | 9.8 | 24% |
| 2014 | 851,691 | 143,269 | 708,422 | 68.3 | 22% |
| 2015 | 118,729 | 151,792 | −33,063 | 61.9 | 17% |
| 2016 | 94,718 | 145,867 | −51,149 | 60.2 | 14% |
| 2017 | 104,151 | 158,398 | −54,247 | 51.3 | 15% |
| 2018 | 235,612 | 167,733 | 67,879 | 53.3 | 20% |
| 2019 | 309,097 | 340,142 | −31,045 | 25.2 | 20% |
| 2020 | 297,641 | 195,487 | 102,154 | 50.1 | 28% |
| 2021 | 285,256 | 201,134 | 84,122 | 53.7 | 48% |
| 2022 | 284,969 | 240,918 | 44,051 | 47.1 | 42% |
| 2023 | 318,808 | 326,797 | −7,989 | 34.4 | 33% |
In its most recent public year (2023), this organization spent $7,989 more than it brought in. Its reserves stood at about 34.4 months of spending, up from 0 in 2010. Staff pay was 33% of spending.
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
Block Island Maritime Institute'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