Spring Manufacturers Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 583,605 | 437,579 | 146,026 | 19.3 | 21% |
| 2012 | 597,886 | 451,827 | 146,059 | 20.7 | 25% |
| 2013 | 671,761 | 716,425 | −44,664 | 13.6 | 22% |
| 2014 | 707,478 | 619,161 | 88,317 | 17.5 | 22% |
| 2015 | 1,375,211 | 1,372,142 | 3,069 | 8.1 | 11% |
| 2016 | 681,070 | 662,127 | 18,943 | 17.2 | 24% |
| 2017 | 1,437,102 | 1,433,619 | 3,483 | 7.8 | 12% |
| 2018 | 655,281 | 754,968 | −99,687 | 12.9 | 21% |
| 2019 | 1,316,812 | 1,403,588 | −86,776 | 5.7 | 13% |
| 2020 | 638,862 | 559,413 | 79,449 | 14.6 | 28% |
| 2021 | 486,462 | 507,873 | −21,411 | 12.6 | 29% |
| 2022 | 651,525 | 728,538 | −77,013 | 5.5 | 19% |
| 2023 | 646,416 | 627,449 | 18,967 | 4.3 | 30% |
In its most recent public year (2023), this organization brought in $18,967 more than it spent. Its reserves stood at about 4.3 months of spending, down from 19.3 in 2011. Staff pay was 30% of spending. $23,000 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
Spring Manufacturers Institute Inc'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