U S M Student Senate
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 724,928 | 710,477 | 14,451 | 13.1 | 47% |
| 2020 | 1,050,445 | 762,680 | 287,765 | 16.7 | 51% |
| 2021 | 724,442 | 683,540 | 40,902 | 19.5 | 58% |
| 2022 | 667,174 | 851,889 | −184,715 | 13.0 | 44% |
| 2023 | 632,990 | 808,934 | −175,944 | 11.1 | 59% |
| 2024 | 485,252 | 449,031 | 36,221 | 6.9 | 42% |
In its most recent public year (2024), this organization brought in $36,221 more than it spent. Its reserves stood at about 6.9 months of spending, down from 13.1 in 2019. Staff pay was 42% of spending.
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 2024. 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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