Hiller Aviation Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,438,190 | 1,675,693 | −237,503 | 80.4 | 41% |
| 2012 | 1,591,340 | 1,820,389 | −229,049 | 72.3 | 41% |
| 2013 | 3,629,671 | 1,858,098 | 1,771,573 | 81.7 | 40% |
| 2014 | 2,883,046 | 2,144,524 | 738,522 | 76.0 | 42% |
| 2016 | 2,248,000 | 2,415,688 | −167,688 | 66.1 | 42% |
| 2017 | 2,370,066 | 2,539,785 | −169,719 | 63.4 | 40% |
| 2018 | 2,791,899 | 2,771,158 | 20,741 | 58.0 | 39% |
| 2019 | 2,844,657 | 2,693,869 | 150,788 | 60.0 | 43% |
| 2020 | 2,006,335 | 2,580,690 | −574,355 | 59.6 | 46% |
| 2021 | 1,506,163 | 1,745,100 | −238,937 | 91.0 | 50% |
| 2022 | 3,172,781 | 2,723,679 | 449,102 | 57.3 | 46% |
| 2023 | 3,071,111 | 3,086,699 | −15,588 | 52.0 | 46% |
In its most recent public year (2023), this organization spent $15,588 more than it brought in. Its reserves stood at about 52 months of spending, down from 80.4 in 2011. Staff pay was 46% of spending. $2,732,551 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
Hiller Aviation 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