Business Innovation Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 90,034 | 50,409 | 39,625 | 8.0 | — |
| 2019 | 37,456 | 40,163 | −2,707 | 9.2 | — |
| 2020 | 65,855 | 65,364 | 491 | 5.7 | — |
| 2021 | 60,305 | 60,711 | −406 | 6.1 | — |
| 2022 | 29,400 | 24,470 | 4,930 | 17.5 | — |
| 2023 | 20,631 | 25,936 | −5,305 | 14.1 | — |
In its most recent public year (2023), this organization spent $5,305 more than it brought in. Its reserves stood at about 14.1 months of spending, up from 8 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 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
Business Innovation 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