Summer Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 84,650 | 57,591 | 27,059 | 5.6 | — |
| 2020 | 147,511 | 87,408 | 60,103 | 12.0 | — |
| 2021 | 158,960 | 130,298 | 28,662 | 10.7 | — |
| 2022 | 190,747 | 154,550 | 36,197 | 11.8 | — |
| 2023 | 275,847 | 211,623 | 64,224 | 12.3 | 21% |
In its most recent public year (2023), this organization brought in $64,224 more than it spent. Its reserves stood at about 12.3 months of spending, up from 5.6 in 2019. Staff pay was 21% of spending. $24,459 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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