Midland Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 483,540 | 485,717 | −2,177 | 29.6 | 28% |
| 2012 | 527,754 | 628,945 | −101,191 | 20.6 | 24% |
| 2013 | 644,835 | 658,819 | −13,984 | 21.3 | 24% |
| 2014 | 622,838 | 611,563 | 11,275 | 24.3 | 25% |
| 2015 | 570,063 | 635,213 | −65,150 | 21.8 | 24% |
| 2016 | 681,443 | 527,116 | 154,327 | 27.0 | 29% |
| 2017 | 1,285,142 | 616,031 | 669,111 | 36.5 | 28% |
| 2018 | 655,324 | 765,104 | −109,780 | 28.5 | 24% |
| 2019 | 1,524,025 | 1,000,657 | 523,368 | 27.3 | 18% |
| 2020 | 759,334 | 637,764 | 121,570 | 43.9 | 30% |
| 2021 | 679,022 | 591,048 | 87,974 | 54.4 | 32% |
| 2022 | 665,803 | 660,268 | 5,535 | 41.0 | 27% |
| 2023 | 789,362 | 494,104 | 295,258 | 66.0 | 36% |
In its most recent public year (2023), this organization brought in $295,258 more than it spent. Its reserves stood at about 66 months of spending, up from 29.6 in 2011. Staff pay was 36% of spending. $356,015 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
Midland Foundation'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