Salem Multi Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 234,019 | 254,989 | −20,970 | 5.7 | 25% |
| 2011 | 257,331 | 245,575 | 11,756 | 6.5 | 30% |
| 2012 | 240,133 | 236,566 | 3,567 | 7.0 | 26% |
| 2013 | 257,920 | 232,626 | 25,294 | 8.4 | 27% |
| 2014 | 247,483 | 242,299 | 5,184 | 8.3 | 32% |
| 2015 | 272,539 | 286,114 | −13,575 | 6.5 | 35% |
| 2016 | 253,352 | 253,261 | 91 | 7.3 | 35% |
| 2017 | 278,426 | 318,900 | −40,474 | 4.3 | 35% |
| 2018 | 306,747 | 313,113 | −6,366 | 4.1 | 35% |
| 2019 | 321,556 | 299,734 | 21,822 | 5.2 | 29% |
| 2020 | 176,856 | 137,927 | 38,929 | 14.6 | — |
| 2021 | 117,004 | 91,095 | 25,909 | 25.6 | — |
| 2022 | 460,207 | 326,172 | 134,035 | 12.1 | 25% |
| 2023 | 402,048 | 397,989 | 4,059 | 10.0 | 25% |
In its most recent public year (2023), this organization brought in $4,059 more than it spent. Its reserves stood at about 10 months of spending, up from 5.7 in 2010. Staff pay was 25% of spending. $41,454 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
Salem Multi Institute'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