North Carolina Biotechnology Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 18,642,843 | 18,943,671 | −300,828 | 21.0 | 31% |
| 2013 | 17,994,475 | 20,922,955 | −2,928,480 | 17.3 | 30% |
| 2014 | 13,966,587 | 14,907,756 | −941,169 | 23.5 | 37% |
| 2015 | 15,123,117 | 14,752,815 | 370,302 | 24.0 | 33% |
| 2016 | 14,922,664 | 16,306,952 | −1,384,288 | 20.7 | 32% |
| 2017 | 20,839,110 | 14,561,681 | 6,277,429 | 29.5 | 39% |
| 2018 | 15,831,590 | 15,630,408 | 201,182 | 27.8 | 34% |
| 2019 | 15,039,030 | 17,289,381 | −2,250,351 | 23.5 | 31% |
| 2020 | 15,606,451 | 18,189,767 | −2,583,316 | 23.9 | 32% |
| 2021 | 16,619,048 | 16,539,413 | 79,635 | 26.2 | 35% |
| 2022 | 19,911,762 | 16,365,269 | 3,546,493 | 29.1 | 37% |
| 2023 | 21,886,317 | 18,520,073 | 3,366,244 | 27.9 | 39% |
In its most recent public year (2023), this organization brought in $3,366,244 more than it spent. Its reserves stood at about 27.9 months of spending, up from 21 in 2012. Staff pay was 39% of spending. $360,000 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
North Carolina Biotechnology Center'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