Mill Race Center For Entrepreneurship And Innovation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 313,522 | 264,632 | 48,890 | 2.2 | 25% |
| 2019 | 359,768 | 308,006 | 51,762 | 3.9 | 31% |
| 2020 | 392,651 | 378,605 | 14,046 | 3.6 | 19% |
| 2021 | 103,652 | 194,429 | −90,777 | 1.5 | 23% |
| 2022 | 33,000 | 24,532 | 8,468 | 15.8 | — |
In its most recent public year (2022), this organization brought in $8,468 more than it spent. Its reserves stood at about 15.8 months of spending, up from 2.2 in 2018.
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 2022. 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
Mill Race Center For Entrepreneurship And Innovation's IRS filings as a feed — one entry per filing year, through 2022. 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