Institute Of World Culture
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 95,345 | 38,388 | 56,957 | 20.7 | — |
| 2021 | 48,118 | 37,363 | 10,755 | 24.7 | — |
| 2022 | 51,292 | 31,898 | 19,394 | 37.2 | — |
In its most recent public year (2022), this organization brought in $19,394 more than it spent. Its reserves stood at about 37.2 months of spending, up from 20.7 in 2020.
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 2022. 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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