American Council On Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 60,253,686 | 50,327,607 | 9,926,079 | 13.9 | 29% |
| 2012 | 52,733,849 | 50,933,153 | 1,800,696 | 15.5 | 29% |
| 2013 | 53,027,068 | 51,995,482 | 1,031,586 | 16.5 | 36% |
| 2014 | 46,894,884 | 51,419,861 | −4,524,977 | 16.4 | 38% |
| 2015 | 47,061,650 | 50,221,229 | −3,159,579 | 15.4 | 40% |
| 2016 | 36,435,437 | 35,242,333 | 1,193,104 | 22.9 | 51% |
| 2017 | 32,371,524 | 34,166,504 | −1,794,980 | 24.4 | 51% |
| 2018 | 35,846,029 | 35,267,317 | 578,712 | 23.9 | 50% |
| 2019 | 42,742,259 | 36,108,616 | 6,633,643 | 21.7 | 49% |
| 2020 | 33,920,222 | 35,368,854 | −1,448,632 | 20.9 | 45% |
| 2021 | 34,913,177 | 35,950,231 | −1,037,054 | 22.8 | 40% |
| 2022 | 34,460,397 | 33,405,929 | 1,054,468 | 21.5 | 46% |
| 2023 | 39,731,035 | 35,938,470 | 3,792,565 | 22.8 | 46% |
In its most recent public year (2023), this organization brought in $3,792,565 more than it spent. Its reserves stood at about 22.8 months of spending, up from 13.9 in 2011. Staff pay was 46% of spending. $8,234,123 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
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