Great Lakes Cities Initiative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 275,110 | 329,905 | −54,795 | 8.1 | 58% |
| 2012 | 404,269 | 383,848 | 20,421 | 7.6 | 22% |
| 2013 | 166,874 | 336,423 | −169,549 | 2.6 | 52% |
| 2014 | 622,450 | 368,156 | 254,294 | 10.7 | 42% |
| 2015 | 168,687 | 426,011 | −257,324 | 2.0 | 44% |
| 2016 | 684,710 | 378,342 | 306,368 | 11.9 | 22% |
| 2017 | 164,330 | 437,827 | −273,497 | 2.8 | 48% |
| 2018 | 592,311 | 470,985 | 121,326 | 5.7 | 44% |
| 2019 | 416,576 | 465,663 | −49,087 | 4.5 | 39% |
| 2020 | 290,900 | 127,419 | 163,481 | 24.0 | 74% |
| 2021 | 830,011 | 436,347 | 393,664 | 21.3 | 50% |
| 2022 | 526,645 | 684,270 | −157,625 | 10.8 | 59% |
| 2023 | 1,387,600 | 1,398,316 | −10,716 | 5.2 | 39% |
In its most recent public year (2023), this organization spent $10,716 more than it brought in. Its reserves stood at about 5.2 months of spending, down from 8.1 in 2011. Staff pay was 39% of spending. $302,325 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
Great Lakes Cities Initiative's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works