Virginia Innovation Partnership Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,286,769 | 8,117,492 | 169,277 | 4.5 | 3% |
| 2012 | 14,164,227 | 11,558,319 | 2,605,908 | 5.9 | 34% |
| 2013 | 13,494,468 | 12,608,230 | 886,238 | 6.2 | 34% |
| 2014 | 17,009,146 | 16,245,346 | 763,800 | 5.4 | 33% |
| 2015 | 12,743,002 | 15,556,536 | −2,813,534 | 3.5 | 36% |
| 2016 | 17,461,396 | 14,776,360 | 2,685,036 | 5.8 | 41% |
| 2017 | 15,624,415 | 14,296,289 | 1,328,126 | 7.6 | 31% |
| 2018 | 15,067,290 | 13,033,448 | 2,033,842 | 8.0 | 25% |
| 2019 | 15,204,083 | 14,213,168 | 990,915 | 8.2 | 25% |
| 2020 | 28,495,666 | 16,363,481 | 12,132,185 | 16.0 | 25% |
| 2021 | 76,061,606 | 21,650,254 | 54,411,352 | 42.3 | 19% |
| 2022 | 22,793,161 | 25,978,938 | −3,185,777 | 33.8 | 18% |
| 2023 | 34,793,623 | 38,026,082 | −3,232,459 | 22.1 | 16% |
In its most recent public year (2023), this organization spent $3,232,459 more than it brought in. Its reserves stood at about 22.1 months of spending, up from 4.5 in 2011. Staff pay was 16% 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
Virginia Innovation Partnership Corporation'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