Fuse Innovation Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 294,971 | 292,245 | 2,726 | 2.4 | 57% |
| 2011 | 279,392 | 347,869 | −68,477 | -0.4 | 70% |
| 2012 | 290,527 | 355,484 | −64,957 | -2.6 | 13% |
| 2013 | 315,017 | 417,447 | −102,430 | -5.1 | 71% |
| 2014 | 453,723 | 395,194 | 58,529 | -3.6 | 68% |
| 2015 | 598,126 | 454,881 | 143,245 | 0.6 | 71% |
| 2016 | 653,842 | 616,127 | 37,715 | 1.3 | 65% |
| 2017 | 810,708 | 831,028 | −20,320 | 0.8 | 7% |
| 2018 | 1,316,285 | 1,063,275 | 253,010 | 3.6 | 64% |
| 2019 | 1,336,281 | 1,283,404 | 52,877 | 3.5 | 48% |
| 2020 | 2,207,802 | 1,213,124 | 994,678 | 13.5 | 54% |
| 2021 | 1,166,383 | 795,440 | 370,943 | 26.1 | 44% |
| 2022 | 1,125,930 | 2,801,178 | −1,675,248 | 0.1 | 27% |
| 2023 | 1,419,590 | 1,067,040 | 352,550 | 4.5 | 52% |
In its most recent public year (2023), this organization brought in $352,550 more than it spent. Its reserves stood at about 4.5 months of spending, up from 2.4 in 2010. Staff pay was 52% of spending. $44,351 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works