The Venetoulis Institute For Local Journalism
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 24,195,292 | 4,457,404 | 19,737,888 | 53.1 | 24% |
| 2022 | 17,431,025 | 17,307,585 | 123,440 | 13.5 | 53% |
| 2023 | 29,832,731 | 29,661,774 | 170,957 | 8.0 | 42% |
In its most recent public year (2023), this organization brought in $170,957 more than it spent. Its reserves stood at about 8 months of spending, down from 53.1 in 2021. Staff pay was 42% of spending. $943,733 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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