Bermuda Institute Of Ocean Sciences Bios Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 16,091,438 | 14,661,522 | 1,429,916 | 20.3 | 37% |
| 2012 | 13,147,843 | 13,627,713 | −479,870 | 22.3 | 39% |
| 2013 | 13,346,852 | 12,923,258 | 423,594 | 24.9 | 42% |
| 2014 | 16,685,670 | 12,764,204 | 3,921,466 | 26.1 | 38% |
| 2015 | 18,894,399 | 12,783,351 | 6,111,048 | 30.3 | 43% |
| 2016 | 12,833,398 | 15,876,165 | −3,042,767 | 22.4 | 39% |
| 2017 | 19,722,534 | 16,594,670 | 3,127,864 | 25.0 | 38% |
| 2018 | 12,403,708 | 15,554,143 | −3,150,435 | 23.2 | 39% |
| 2019 | 12,697,672 | 16,564,788 | −3,867,116 | 20.7 | 37% |
| 2020 | 22,007,343 | 13,684,485 | 8,322,858 | 33.9 | 38% |
| 2021 | 11,893,948 | 15,446,520 | −3,552,572 | 31.3 | 36% |
| 2022 | 19,370,425 | 18,071,789 | 1,298,636 | 25.6 | 34% |
| 2023 | 17,976,865 | 17,010,855 | 966,010 | 28.5 | 38% |
In its most recent public year (2023), this organization brought in $966,010 more than it spent. Its reserves stood at about 28.5 months of spending, up from 20.3 in 2011. Staff pay was 38% of spending. $36,895,878 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
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