International Press Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 84,535 | 87,362 | −2,827 | 0.1 | — |
| 2012 | 85,329 | 86,035 | −706 | 0.0 | — |
| 2013 | 13,450 | 25,456 | −12,006 | 0.0 | — |
| 2014 | 75,847 | 76,743 | −896 | 0.3 | — |
| 2015 | 62,950 | 53,103 | 9,847 | -0.1 | — |
| 2016 | 40,955 | 52,765 | −11,810 | -2.8 | — |
| 2017 | 30,250 | 31,917 | −1,667 | -5.0 | — |
| 2018 | 29,285 | 30,786 | −1,501 | -5.3 | — |
| 2019 | 20,540 | 21,035 | −495 | -7.9 | — |
| 2020 | 28,540 | 28,608 | −68 | -5.8 | — |
In its most recent public year (2020), this organization spent $68 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-5.8 months), down from 0.1 in 2011.
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 2020. 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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