990 Scout/ Material Institute/ Financials

Financial Information for Material Institute

Material Institute's annual revenue was $2.8M in tax year 2024, reported on their IRS Form 990. They spent $2.1M in total expenses. 81% went to programs and services.

Financial Breakdown

What is Material Institute's total annual expenses?

Material Institute spent $2.1M in tax year 2024, according to their IRS Form 990 filing.

How much of Material Institute's budget goes to programs?

Material Institute spent $1.7M (81% of expenses) on programs and services in tax year 2024.

How much does Material Institute spend on overhead?

Material Institute's overhead in tax year 2024 includes administrative (19%) and fundraising (0%) of their expenses.

What is Material Institute's net worth?

Material Institute had net assets of $821K as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.