Institute Of Nautical Archaelolgy Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 109,315 | 235,141 | −125,826 | 219.3 | 0% |
| 2012 | 256,010 | 158,355 | 97,655 | 270.8 | 0% |
| 2013 | 4,717,494 | 241,499 | 4,475,995 | 394.2 | 0% |
| 2014 | 363,214 | 439,704 | −76,490 | 252.2 | 0% |
| 2015 | 1,892,545 | 423,524 | 1,469,021 | 291.9 | 0% |
| 2016 | 302,805 | 540,531 | −237,726 | 233.8 | 0% |
| 2017 | 430,402 | 458,030 | −27,628 | 314.0 | 0% |
| 2018 | 2,999,254 | 759,174 | 2,240,080 | 345.3 | 0% |
| 2019 | 1,652,269 | 859,978 | 792,291 | 252.1 | 0% |
| 2020 | 823,870 | 839,055 | −15,185 | 233.6 | 0% |
| 2021 | 623,136 | 351,009 | 272,127 | 690.5 | 0% |
| 2022 | 2,839,666 | 980,211 | 1,859,455 | 242.3 | 0% |
| 2023 | 850,609 | 632,675 | 217,934 | 370.5 | 0% |
In its most recent public year (2023), this organization brought in $217,934 more than it spent. Its reserves stood at about 370.5 months of spending, up from 219.3 in 2011. Staff pay was 0% of spending. $17,722,727 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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