Octane Foundation For Innovation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 235,396 | 214,000 | 21,396 | 4.9 | 77% |
| 2012 | 245,633 | 229,833 | 15,800 | 5.4 | 75% |
| 2013 | 244,597 | 232,847 | 11,750 | 5.9 | 69% |
| 2014 | 298,075 | 286,225 | 11,850 | 5.3 | 70% |
| 2015 | 444,338 | 337,335 | 107,003 | 8.4 | 66% |
| 2016 | 438,791 | 365,329 | 73,462 | 10.0 | 81% |
| 2017 | 583,467 | 430,075 | 153,392 | 12.7 | 84% |
| 2018 | 546,849 | 405,085 | 141,764 | 17.7 | 86% |
| 2019 | 664,103 | 901,356 | −237,253 | 4.8 | 90% |
| 2020 | 677,631 | 732,457 | −54,826 | 5.0 | 89% |
| 2021 | 664,685 | 822,792 | −158,107 | 2.2 | 86% |
| 2022 | 1,059,886 | 1,294,568 | −234,682 | -0.8 | 84% |
| 2023 | 1,110,270 | 1,431,909 | −321,639 | -3.4 | 40% |
In its most recent public year (2023), this organization spent $321,639 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.4 months), down from 4.9 in 2011. Staff pay was 40% 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
Octane Foundation For Innovation'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