The 5 Gyres Institute
Income Statement
Fiscal Year Start:
Oct 1
Data visualization unavailable
Revenues in 2024
$1,247,987
Contributions
N/A
Investments
N/A
Program Services
N/A
Government Grants
N/A
Fundraising Events
N/A
Membership Dues
N/A
Expenses in 2024
$1,382,828
Salaries & Benefits
62%
Fees to Service Providers
28%
Other
8%
Interest
<1%
Offices, Occupancy & IT
<1%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$1,100,158
$1,235,205
+12%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$7,191
-
Membership Dues
$0
$0
-
Investments
$18,566
$35,180
+89%
Other
$505
-$29,589
-5959%
Total Revenues
$1,119,229
$1,247,987
+12%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$838,850
$858,226
+2%
Fees to Service Providers
$251,048
$387,401
+54%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$14,533
$6,954
-52%
Interest
$6,410
$12,460
+94%
Depreciation
$9,180
$5,355
-42%
Other
$163,303
$112,432
-31%
Total Expenses
$1,283,324
$1,382,828
+8%
Net income
2023
2024
Change
Net income
-$164,095
-$134,841
+18%
Functional Expenses
Summary
2023
2024
Change
Program
$769,967
$915,575
+19%
Admin
$161,822
$166,948
+3%
Fundraising
$351,535
$300,305
-15%
Total Expenses
$1,283,324
$1,382,828
+8%
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