Free Enterprise Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 543,697 | 435,969 | 107,728 | 18.2 | 52% |
| 2012 | 627,374 | 460,075 | 167,299 | 21.6 | 53% |
| 2013 | 626,183 | 584,637 | 41,546 | 17.8 | 46% |
| 2014 | 612,596 | 585,487 | 27,109 | 18.4 | 53% |
| 2015 | 571,030 | 579,679 | −8,649 | 18.4 | 54% |
| 2016 | 579,117 | 564,920 | 14,197 | 19.1 | 51% |
| 2017 | 536,586 | 528,598 | 7,988 | 20.6 | 55% |
| 2018 | 541,565 | 508,920 | 32,645 | 22.2 | 56% |
| 2019 | 496,419 | 563,289 | −66,870 | 18.6 | 54% |
| 2020 | 337,722 | 486,539 | −148,817 | 19.3 | 54% |
| 2021 | 285,157 | 414,072 | −128,915 | 20.5 | 55% |
| 2022 | 217,134 | 374,960 | −157,826 | 17.6 | 60% |
| 2023 | 170,115 | 296,710 | −126,595 | 17.1 | 60% |
In its most recent public year (2023), this organization spent $126,595 more than it brought in. Its reserves stood at about 17.1 months of spending, down from 18.2 in 2011. Staff pay was 60% of spending. $114,293 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
Free Enterprise Institute'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