Virginia Commonwealth University Intellectual Property Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,193,322 | 1,071,915 | 121,407 | 18.5 | 0% |
| 2012 | 1,738,453 | 1,562,044 | 176,409 | 13.3 | 0% |
| 2013 | 1,253,958 | 1,272,786 | −18,828 | 17.3 | 0% |
| 2014 | 1,831,832 | 1,574,195 | 257,637 | 14.5 | 0% |
| 2015 | 2,443,659 | 1,914,397 | 529,262 | 15.3 | 0% |
| 2016 | 2,283,813 | 2,047,748 | 236,065 | 15.5 | 3% |
| 2017 | 6,657,713 | 4,328,267 | 2,329,446 | 14.0 | 1% |
| 2018 | 2,617,743 | 2,383,319 | 234,424 | 19.4 | 1% |
| 2019 | 2,548,417 | 2,893,770 | −345,353 | 14.8 | 1% |
| 2020 | 2,442,400 | 2,678,377 | −235,977 | 15.2 | 3% |
| 2021 | 2,855,474 | 2,935,342 | −79,868 | 17.4 | 2% |
| 2022 | 3,452,341 | 3,503,592 | −51,251 | 13.5 | 1% |
| 2023 | 2,808,546 | 2,987,908 | −179,362 | 16.0 | 2% |
In its most recent public year (2023), this organization spent $179,362 more than it brought in. Its reserves stood at about 16 months of spending, down from 18.5 in 2011. Staff pay was 2% 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 Commonwealth University Intellectual Property Foundation'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