Houston Advanced Research Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,818,759 | 9,731,028 | −912,269 | 1.5 | 29% |
| 2012 | 8,709,205 | 8,944,383 | −235,178 | 1.4 | 28% |
| 2013 | 9,665,313 | 9,096,505 | 568,808 | 2.1 | 26% |
| 2014 | 10,747,329 | 7,863,271 | 2,884,058 | 6.8 | 31% |
| 2015 | 7,201,058 | 7,330,176 | −129,118 | 7.1 | 32% |
| 2016 | 5,056,392 | 5,873,704 | −817,312 | 7.2 | 38% |
| 2017 | 5,055,799 | 4,960,199 | 95,600 | 8.8 | 43% |
| 2018 | 4,805,079 | 4,398,012 | 407,067 | 11.0 | 42% |
| 2019 | 3,901,927 | 4,397,999 | −496,072 | 9.6 | 41% |
| 2020 | 8,266,698 | 4,598,099 | 3,668,599 | 18.8 | 43% |
| 2021 | 5,176,623 | 11,755,632 | −6,579,009 | 0.6 | 17% |
| 2022 | 5,532,701 | 6,337,307 | −804,606 | 12.1 | 41% |
| 2023 | 6,858,545 | 7,088,820 | −230,275 | 10.5 | 51% |
In its most recent public year (2023), this organization spent $230,275 more than it brought in. Its reserves stood at about 10.5 months of spending, up from 1.5 in 2011. Staff pay was 51% of spending. $394 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
Houston Advanced Research Center'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