Institute For Public Affairs
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 2,302,835 | 2,152,100 | 150,735 | 8.9 | 29% |
| 2020 | 2,719,611 | 2,443,792 | 275,819 | 8.8 | 31% |
| 2021 | 2,770,410 | 2,745,437 | 24,973 | 7.8 | 28% |
| 2022 | 2,424,946 | 2,532,707 | −107,761 | 7.9 | 30% |
| 2023 | 898,922 | 171,015 | 727,907 | 167.9 | 62% |
In its most recent public year (2023), this organization brought in $727,907 more than it spent. Its reserves stood at about 167.9 months of spending, up from 8.9 in 2019. Staff pay was 62% of spending. $651,625 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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