Empire Discovery Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 2,001,042 | 1,025,074 | 975,968 | 12.0 | 38% |
| 2020 | 4,500,000 | 1,543,097 | 2,956,903 | 32.4 | 37% |
| 2021 | 41,665 | 2,796,853 | −2,755,188 | 8.2 | 34% |
| 2022 | 8,288,192 | 2,938,157 | 5,350,035 | 30.8 | 32% |
| 2023 | 234,954 | 5,427,655 | −5,192,701 | 6.9 | 14% |
In its most recent public year (2023), this organization spent $5,192,701 more than it brought in. Its reserves stood at about 6.9 months of spending, down from 12 in 2019. Staff pay was 14% of spending. $2,156,460 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
Empire Discovery Institute Inc'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