National Council of State Boards of Nursing
Income Statement
Fiscal Year Start:
Oct 1
Revenues in 2025
$143,984,750
Program Services
82%
Other
14%
Investments
4%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025
$133,172,200
Other
68%
Salaries & Benefits
19%
Fees to Service Providers
7%
Depreciation
3%
Offices, Occupancy & IT
2%
Grants
1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2024
2025
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$113,426,363
$117,429,043
+4%
Membership Dues
$0
$0
-
Investments
$6,282,953
$6,319,239
+1%
Other
$16,340,348
$20,236,468
+24%
Total Revenues
$136,049,664
$143,984,750
+6%
Expenses
2024
2025
Change
Grants
$1,150,451
$1,692,270
+47%
Benefits to Members
$0
$0
-
Salaries & Benefits
$23,840,183
$25,481,025
+7%
Fees to Service Providers
$9,188,109
$9,002,569
-2%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$2,195,192
$2,081,769
-5%
Interest
$0
$0
-
Depreciation
$3,849,711
$3,899,127
+1%
Other
$87,441,307
$91,015,440
+4%
Total Expenses
$127,664,953
$133,172,200
+4%
Net income
2024
2025
Change
Net income
+$8,384,711
+$10,812,550
+29%
Functional Expenses
Summary
2024
2025
Change
Program
$121,247,516
$124,227,382
+2%
Admin
$6,417,437
$8,944,818
+39%
Fundraising
$0
$0
-
Total Expenses
$127,664,953
$133,172,200
+4%
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