funder logo

FLORIDA STATE UNIVERSITY RESEARCH FOUNDATION INC

FLORIDA STATE UNIVERSITY RESEARCH FOUNDATION INC

TALLAHASSEE, FL, US
501(c)(3)
EIN
59-3211153
Regional Funder
funder logo

FLORIDA STATE UNIVERSITY RESEARCH FOUNDATION INC

TALLAHASSEE, FL, US
501(c)(3)
EIN
59-3211153
Regional Funder

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$18,957,067

Program Services
82%
Other
18%
Investments
<1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$50,836,314

Grants
83%
Fees to Service Providers
6%
Other
4%
Depreciation
3%
Interest
2%
Salaries & Benefits
2%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$14,824,317
$15,496,932
+5%
Membership Dues
$0
$0
-
Investments
$95,299
$41,422
-57%
Other
$9,325,100
$3,418,713
-63%
Total Revenues
$24,244,716
$18,957,067
-22%
Expenses
2023
2024
Change
Grants
$12,091,236
$42,339,504
+250%
Benefits to Members
$0
$0
-
Salaries & Benefits
$847,249
$958,973
+13%
Fees to Service Providers
$1,384,922
$3,013,383
+118%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$344,098
$438,112
+27%
Interest
$1,344,902
$1,023,829
-24%
Depreciation
$1,138,868
$1,276,768
+12%
Other
$1,685,098
$1,785,745
+6%
Total Expenses
$18,836,373
$50,836,314
+170%
Net income
2023
2024
Change
Net income
+$5,408,343
-$31,879,247
-689%
Functional Expenses
Summary
2023
2024
Change
Program
$15,259,300
$45,840,129
+200%
Admin
$3,577,073
$4,996,185
+40%
Fundraising
$0
$0
-
Total Expenses
$18,836,373
$50,836,314
+170%
Income Statement
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