Cfa Institute Research Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 524,377 | 649,726 | −125,349 | 192.4 | 0% |
| 2012 | 1,082,990 | 526,764 | 556,226 | 243.5 | 0% |
| 2013 | 680,538 | 573,191 | 107,347 | 238.0 | 0% |
| 2014 | 853,169 | 577,591 | 275,578 | 270.2 | 0% |
| 2015 | 722,531 | 547,774 | 174,757 | 271.2 | 0% |
| 2016 | 726,423 | 600,065 | 126,358 | 261.3 | 0% |
| 2017 | 901,990 | 672,678 | 229,312 | 257.7 | 0% |
| 2018 | 1,130,713 | 686,811 | 443,902 | 269.7 | 0% |
| 2019 | 908,777 | 799,059 | 109,718 | 232.0 | 0% |
| 2020 | 1,144,692 | 976,692 | 168,000 | 210.8 | 0% |
| 2021 | 1,062,651 | 490,710 | 571,941 | 504.2 | 0% |
| 2022 | 3,613,196 | 585,333 | 3,027,863 | 361.8 | 0% |
| 2023 | 902,437 | 620,419 | 282,018 | 366.5 | 0% |
In its most recent public year (2023), this organization brought in $282,018 more than it spent. Its reserves stood at about 366.5 months of spending, up from 192.4 in 2011. Staff pay was 0% 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
Cfa Institute Research 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