OWL RESEARCH INSTITUTE INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$459,263
Contributions
97%
Investments
2%
Other
1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024
$441,049
Salaries & Benefits
54%
Other
28%
Offices, Occupancy & IT
9%
Fees to Service Providers
6%
Depreciation
3%
Grants
1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$714,308
$443,238
-38%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$224
$9,567
+4171%
Other
$8,417
$6,458
-23%
Total Revenues
$722,949
$459,263
-36%
Expenses
2023
2024
Change
Grants
$100
$5,144
+5044%
Benefits to Members
$0
$0
-
Salaries & Benefits
$227,152
$236,733
+4%
Fees to Service Providers
$4,722
$25,015
+430%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$29,101
$40,436
+39%
Interest
$0
$0
-
Depreciation
$12,825
$12,283
-4%
Other
$88,059
$121,438
+38%
Total Expenses
$361,959
$441,049
+22%
Net income
2023
2024
Change
Net income
+$360,990
+$18,214
-95%
Functional Expenses
Summary
2023
2024
Change
Program
$279,439
$349,833
+25%
Admin
$61,342
$68,030
+11%
Fundraising
$21,178
$23,186
+9%
Total Expenses
$361,959
$441,049
+22%
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