Minneapolis Electrical Industry Board
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 78,044 | 53,981 | 24,063 | 70.7 | — |
| 2012 | 4,566 | 39,542 | −34,976 | 85.9 | — |
| 2013 | 92,903 | 60,386 | 32,517 | 62.7 | — |
| 2014 | 30,713 | 56,140 | −25,427 | 62.0 | — |
| 2015 | 7,557 | 47,756 | −40,199 | 62.8 | — |
| 2016 | 61,687 | 25,278 | 36,409 | 136.0 | — |
| 2017 | 58,380 | 87,494 | −29,114 | 35.3 | — |
| 2018 | 67,448 | 33,121 | 34,327 | 105.7 | — |
| 2019 | 9,584 | 25,623 | −16,039 | 129.1 | — |
| 2020 | 6,287 | 52,310 | −46,023 | 52.7 | — |
| 2021 | 72,546 | 13,041 | 59,505 | 266.0 | — |
| 2022 | 7,066 | 21,085 | −14,019 | 156.5 | — |
| 2023 | 3,762 | 41,519 | −37,757 | 68.6 | — |
In its most recent public year (2023), this organization spent $37,757 more than it brought in. Its reserves stood at about 68.6 months of spending, down from 70.7 in 2011.
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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