Governors Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,380,673 | 2,406,437 | −25,764 | 2.3 | 38% |
| 2012 | 2,054,181 | 2,089,244 | −35,063 | 2.4 | 36% |
| 2013 | 2,055,242 | 2,014,002 | 41,240 | 2.8 | 36% |
| 2014 | 2,146,568 | 2,122,035 | 24,533 | 2.6 | 38% |
| 2015 | 2,204,838 | 2,146,267 | 58,571 | 2.9 | 41% |
| 2016 | 2,211,841 | 2,173,504 | 38,337 | 3.1 | 43% |
| 2017 | 2,506,971 | 2,462,563 | 44,408 | 2.9 | 41% |
| 2018 | 2,714,476 | 2,692,833 | 21,643 | 2.8 | 50% |
| 2019 | 2,921,126 | 2,887,127 | 33,999 | 2.7 | 44% |
| 2020 | 2,969,227 | 2,910,990 | 58,237 | 3.0 | 45% |
| 2021 | 3,081,065 | 3,077,968 | 3,097 | 2.8 | 41% |
| 2022 | 3,376,176 | 3,241,771 | 134,405 | 3.2 | 40% |
| 2023 | 3,674,785 | 3,527,088 | 147,697 | 3.4 | 38% |
In its most recent public year (2023), this organization brought in $147,697 more than it spent. Its reserves stood at about 3.4 months of spending, up from 2.3 in 2011. Staff pay was 38% of spending. $8,293 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
Governors Institute'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