Independence Bowl Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,068,216 | 656,761 | 411,455 | -1.0 | 55% |
| 2013 | 1,329,683 | 671,593 | 658,090 | 10.8 | 53% |
| 2014 | 257,190 | 787,595 | −530,405 | 1.1 | 56% |
| 2015 | 45,402 | 700,314 | −654,912 | -10.0 | 48% |
| 2016 | 3,493,517 | 4,076,189 | −582,672 | -3.4 | 3% |
| 2017 | 3,856,778 | 3,918,918 | −62,140 | -3.8 | 8% |
| 2018 | 3,595,927 | 3,670,123 | −74,196 | -4.3 | 8% |
| 2019 | 4,086,086 | 3,777,998 | 308,088 | -3.2 | 8% |
| 2020 | 3,918,398 | 3,924,029 | −5,631 | -3.0 | 6% |
| 2021 | 1,686,342 | 1,188,783 | 497,559 | -5.0 | 27% |
| 2022 | 3,284,929 | 2,360,821 | 924,108 | 2.2 | 14% |
| 2023 | 3,249,472 | 2,595,611 | 653,861 | 5.0 | 14% |
| 2024 | 3,722,285 | 3,331,241 | 391,044 | 5.3 | 17% |
In its most recent public year (2024), this organization brought in $391,044 more than it spent. Its reserves stood at about 5.3 months of spending, up from -1 in 2012. Staff pay was 17% 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 2024. 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
Independence Bowl Foundation's IRS filings as a feed — one entry per filing year, through 2024. 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