Gloucester Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 419,334 | 408,477 | 10,857 | -9.2 | 23% |
| 2012 | 537,808 | 463,194 | 74,614 | -6.2 | 22% |
| 2013 | 210,015 | 451,192 | −241,177 | -12.8 | 16% |
| 2014 | 266,158 | 410,954 | −144,796 | -18.2 | 24% |
| 2015 | 467,412 | 340,116 | 127,296 | -18.6 | 33% |
| 2016 | 1,011,634 | 636,738 | 374,896 | -2.9 | 38% |
| 2017 | 292,619 | 743,465 | −450,846 | -9.7 | 40% |
| 2018 | 746,409 | 639,565 | 106,844 | -9.3 | 38% |
| 2019 | 890,289 | 611,032 | 279,257 | -4.3 | 28% |
| 2020 | 749,327 | 557,682 | 191,645 | -1.3 | 37% |
| 2021 | 163,684 | 573,947 | −410,263 | -9.9 | 37% |
| 2022 | 667,814 | 884,219 | −216,405 | -7.2 | 19% |
| 2023 | 626,516 | 1,105,618 | −479,102 | -10.9 | 21% |
In its most recent public year (2023), this organization spent $479,102 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-10.9 months), down from -9.2 in 2011. Staff pay was 21% of spending. $741,059 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
Gloucester 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