Biotechnology Innovation Organization
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 61,282,628 | 60,961,422 | 321,206 | 7.5 | 33% |
| 2012 | 62,287,423 | 64,927,338 | −2,639,915 | 7.2 | 36% |
| 2013 | 65,580,696 | 66,176,549 | −595,853 | 7.3 | 38% |
| 2014 | 66,817,299 | 66,132,964 | 684,335 | 7.6 | 38% |
| 2015 | 74,524,520 | 67,799,834 | 6,724,686 | 7.1 | 37% |
| 2016 | 76,915,410 | 79,374,677 | −2,459,267 | 6.0 | 33% |
| 2017 | 78,551,962 | 78,317,024 | 234,938 | 7.1 | 37% |
| 2018 | 87,310,431 | 86,524,501 | 785,930 | 5.8 | 35% |
| 2019 | 92,437,269 | 96,191,552 | −3,754,283 | 5.9 | 33% |
| 2020 | 77,279,517 | 81,844,658 | −4,565,141 | 6.4 | 41% |
| 2021 | 80,910,840 | 80,058,118 | 852,722 | 6.6 | 38% |
| 2022 | 103,185,175 | 86,344,110 | 16,841,065 | 7.1 | 32% |
| 2023 | 113,768,509 | 91,630,164 | 22,138,345 | 10.1 | 33% |
In its most recent public year (2023), this organization brought in $22,138,345 more than it spent. Its reserves stood at about 10.1 months of spending, up from 7.5 in 2011. 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
Biotechnology Innovation Organization'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