The National Academies Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 530,689 | 534,525 | −3,836 | 401.9 | 0% |
| 2012 | 284,007 | 522,609 | −238,602 | 421.3 | 0% |
| 2013 | 471,927 | 500,685 | −28,758 | 458.8 | 0% |
| 2014 | 540,292 | 493,576 | 46,716 | 468.0 | 0% |
| 2015 | 396,455 | 475,764 | −79,309 | 471.3 | 0% |
| 2016 | 626,444 | 475,522 | 150,922 | 484.2 | 0% |
| 2017 | 443,308 | 894,672 | −451,364 | 269.5 | 0% |
| 2018 | 10,200 | 1,135,688 | −1,125,488 | 198.1 | 0% |
| 2019 | 1,459,283 | 1,144,546 | 314,737 | 203.2 | 0% |
| 2020 | 968,131 | 1,186,784 | −218,653 | 198.8 | 0% |
| 2021 | 666,842 | 1,341,771 | −674,929 | 182.8 | 0% |
| 2022 | 210,574 | 1,502,804 | −1,292,230 | 140.3 | 0% |
| 2023 | 281,213 | 1,367,454 | −1,086,241 | 154.7 | 0% |
In its most recent public year (2023), this organization spent $1,086,241 more than it brought in. Its reserves stood at about 154.7 months of spending, down from 401.9 in 2011. Staff pay was 0% of spending. $15,799,602 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
The National Academies Corporation'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