Bay Area Industry Promotion Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,136,129 | 2,338,095 | −201,966 | 47.2 | 26% |
| 2012 | 3,575,655 | 3,559,658 | 15,997 | 32.8 | 18% |
| 2013 | 3,869,595 | 3,281,486 | 588,109 | 41.2 | 16% |
| 2014 | 3,742,227 | 3,441,338 | 300,889 | 41.5 | 17% |
| 2015 | 4,241,154 | 3,835,740 | 405,414 | 37.2 | 16% |
| 2016 | 4,902,006 | 4,481,340 | 420,666 | 34.0 | 13% |
| 2017 | 6,561,625 | 4,980,574 | 1,581,051 | 33.0 | 17% |
| 2018 | 5,289,943 | 5,314,485 | −24,542 | 28.6 | 14% |
| 2019 | 5,351,755 | 5,037,629 | 314,126 | 34.5 | 16% |
| 2020 | 5,027,813 | 3,738,581 | 1,289,232 | 54.6 | 23% |
| 2021 | 5,651,706 | 3,635,337 | 2,016,369 | 63.7 | 25% |
| 2022 | 5,007,495 | 5,128,068 | −120,573 | 37.4 | 19% |
| 2023 | 4,584,503 | 5,215,462 | −630,959 | 36.0 | 19% |
In its most recent public year (2023), this organization spent $630,959 more than it brought in. Its reserves stood at about 36 months of spending, down from 47.2 in 2011. Staff pay was 19% 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
Bay Area Industry Promotion Fund'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