Prompt Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,689,270 | 2,224,378 | −535,108 | 3.1 | 31% |
| 2021 | 2,586,464 | 2,187,890 | 398,574 | 5.3 | 22% |
| 2022 | 2,991,753 | 2,693,748 | 298,005 | 5.6 | 28% |
| 2023 | 3,347,822 | 3,294,233 | 53,589 | 4.8 | 26% |
In its most recent public year (2023), this organization brought in $53,589 more than it spent. Its reserves stood at about 4.8 months of spending, up from 3.1 in 2020. Staff pay was 26% of spending.
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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