Met Council Research & Educational Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 459,777 | 448,862 | 10,915 | 1.5 | 38% |
| 2020 | 425,035 | 334,471 | 90,564 | 5.2 | 69% |
| 2021 | 483,171 | 439,085 | 44,086 | 5.2 | 64% |
| 2022 | 445,763 | 427,762 | 18,001 | 5.8 | 56% |
| 2023 | 723,251 | 695,932 | 27,319 | 4.1 | 58% |
In its most recent public year (2023), this organization brought in $27,319 more than it spent. Its reserves stood at about 4.1 months of spending, up from 1.5 in 2019. Staff pay was 58% of spending. $35,000 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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