North Carolina Bioscences Organization
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 476,617 | 455,825 | 20,792 | 5.4 | 67% |
| 2012 | 535,691 | 480,382 | 55,309 | 6.5 | 66% |
| 2013 | 574,998 | 560,985 | 14,013 | 5.9 | 60% |
| 2014 | 641,135 | 594,940 | 46,195 | 6.5 | 50% |
| 2015 | 617,591 | 570,141 | 47,450 | 7.8 | 67% |
| 2016 | 730,112 | 594,401 | 135,711 | 10.2 | 69% |
| 2017 | 878,264 | 658,739 | 219,525 | 13.2 | 70% |
| 2018 | 829,591 | 760,242 | 69,349 | 12.5 | 67% |
| 2019 | 925,692 | 832,101 | 93,591 | 12.8 | 65% |
| 2020 | 911,346 | 838,826 | 72,520 | 13.7 | 66% |
| 2021 | 953,835 | 791,253 | 162,582 | 17.0 | 71% |
| 2022 | 998,005 | 868,637 | 129,368 | 17.3 | 62% |
| 2023 | 1,214,098 | 939,074 | 275,024 | 19.5 | 58% |
In its most recent public year (2023), this organization brought in $275,024 more than it spent. Its reserves stood at about 19.5 months of spending, up from 5.4 in 2011. Staff pay was 58% of spending. $349,102 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 Bioscences Organization'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