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ADVANCED ROBOTICS FOR MANUFACTURING INSTITUTE

ADVANCED ROBOTICS FOR MANUFACTURING INSTITUTE

PITTSBURGH, PA, US
•
501(c)(3)
•
EIN
81-2812384
•
HTTP://WWW.ARMINSTITUTE.ORG
•
Research Institutes & Public Policy Analysis
Regional Funder
funder logo

ADVANCED ROBOTICS FOR MANUFACTURING INSTITUTE

PITTSBURGH, PA, US
•
501(c)(3)
•
EIN
81-2812384
•
HTTP://WWW.ARMINSTITUTE.ORG
•
Research Institutes & Public Policy Analysis
Regional Funder
Overview
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Income Statement
Balance Sheet
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Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$41,592,781

Government Grants
65%
Contributions
31%
Membership Dues
3%
Investments
<1%
Other
<1%
Fundraising Events
0%
Program Services
0%
Expenses in 2024

$41,707,572

Grants
39%
Other
36%
Salaries & Benefits
16%
Offices, Occupancy & IT
5%
Fees to Service Providers
3%
Advertising & Promotion
<1%
Depreciation
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$9,942,564
$13,054,726
+31%
Government Grants
$24,408,313
$27,079,037
+11%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$1,476,935
$1,139,146
-23%
Investments
$40,289
$195,574
+385%
Other
$0
$124,298
-
Total Revenues
$35,868,101
$41,592,781
+16%
Expenses
2023
2024
Change
Grants
$14,573,343
$16,418,059
+13%
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,387,887
$6,700,004
+24%
Fees to Service Providers
$1,030,440
$1,299,616
+26%
Advertising & Promotion
$249,229
$389,484
+56%
Offices, Occupancy & IT
$2,371,234
$1,898,341
-20%
Interest
$0
$0
-
Depreciation
$5,430
$8,163
+50%
Other
$12,018,279
$14,993,905
+25%
Total Expenses
$35,635,842
$41,707,572
+17%
Net income
2023
2024
Change
Net income
+$232,259
-$114,791
-149%
Functional Expenses
Summary
2023
2024
Change
Program
$32,550,928
$37,958,286
+17%
Admin
$3,084,914
$3,749,286
+22%
Fundraising
$0
$0
-
Total Expenses
$35,635,842
$41,707,572
+17%
Income Statement
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