Fermi Research Alliance Llc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 435,600,608 | 433,858,428 | 1,742,180 | 0.0 | 38% |
| 2012 | 421,695,296 | 419,749,367 | 1,945,929 | 0.0 | 37% |
| 2013 | 422,159,551 | 420,309,696 | 1,849,855 | 0.0 | 35% |
| 2014 | 373,656,208 | 371,528,475 | 2,127,733 | 0.0 | 39% |
| 2015 | 386,432,066 | 384,274,488 | 2,157,578 | 0.0 | 38% |
| 2016 | 420,754,619 | 418,749,193 | 2,005,426 | 0.0 | 35% |
| 2017 | 403,384,026 | 400,720,475 | 2,663,551 | 0.1 | 37% |
| 2018 | 416,675,962 | 414,367,753 | 2,308,209 | 0.0 | 37% |
| 2019 | 478,201,204 | 475,835,159 | 2,366,045 | 0.0 | 33% |
| 2020 | 512,797,198 | 510,031,928 | 2,765,270 | 0.1 | 31% |
| 2021 | 577,062,640 | 574,388,053 | 2,674,587 | 0.0 | 28% |
| 2022 | 593,848,536 | 591,229,941 | 2,618,595 | 0.0 | 29% |
| 2023 | 658,749,338 | 658,194,829 | 554,509 | 0.0 | 29% |
In its most recent public year (2023), this organization brought in $554,509 more than it spent. Its reserves stood at about 0 months of spending. Staff pay was 29% 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
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