Maryland Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 101,435,409 | 87,969,009 | 13,466,400 | 19.0 | 34% |
| 2012 | 111,350,300 | 96,129,553 | 15,220,747 | 18.0 | 35% |
| 2013 | 108,740,517 | 100,219,729 | 8,520,788 | 19.2 | 35% |
| 2014 | 111,292,036 | 105,426,061 | 5,865,975 | 19.6 | 34% |
| 2015 | 121,765,704 | 108,816,468 | 12,949,236 | 20.0 | 33% |
| 2016 | 119,567,692 | 109,496,177 | 10,071,515 | 20.2 | 34% |
| 2017 | 118,974,326 | 111,417,591 | 7,556,735 | 21.0 | 34% |
| 2018 | 129,249,865 | 117,449,171 | 11,800,694 | 21.1 | 34% |
| 2019 | 126,448,964 | 122,669,587 | 3,779,377 | 20.6 | 34% |
| 2020 | 136,443,462 | 129,224,288 | 7,219,174 | 20.4 | 35% |
| 2021 | 94,274,513 | 105,307,187 | −11,032,674 | 26.9 | 36% |
| 2022 | 138,711,160 | 127,947,996 | 10,763,164 | 21.2 | 33% |
| 2023 | 122,163,054 | 122,581,866 | −418,812 | 21.6 | 36% |
In its most recent public year (2023), this organization spent $418,812 more than it brought in. Its reserves stood at about 21.6 months of spending, up from 19 in 2011. Staff pay was 36% of spending. $92,870,362 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
Maryland 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