The Society For Financial Studies
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 735,622 | 426,359 | 309,263 | 83.5 | 0% |
| 2012 | 780,461 | 525,501 | 254,960 | 73.5 | 11% |
| 2013 | 1,075,399 | 464,195 | 611,204 | 103.3 | 19% |
| 2014 | 1,665,266 | 1,005,101 | 660,165 | 55.6 | 13% |
| 2015 | 951,794 | 1,000,630 | −48,836 | 55.2 | 17% |
| 2016 | 1,222,892 | 734,134 | 488,758 | 83.3 | 24% |
| 2017 | 1,051,191 | 846,500 | 204,691 | 92.1 | 20% |
| 2018 | 1,196,482 | 1,003,251 | 193,231 | 69.6 | 19% |
| 2019 | 1,111,296 | 1,016,194 | 95,102 | 84.1 | 20% |
| 2020 | 1,195,936 | 944,987 | 250,949 | 105.7 | 22% |
| 2021 | 1,203,829 | 1,305,769 | −101,940 | 85.9 | 16% |
| 2022 | 1,220,921 | 1,135,559 | 85,362 | 80.2 | 24% |
| 2023 | 1,190,128 | 1,427,661 | −237,533 | 74.6 | 20% |
In its most recent public year (2023), this organization spent $237,533 more than it brought in. Its reserves stood at about 74.6 months of spending, down from 83.5 in 2011. Staff pay was 20% 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
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