Merchants Industry Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 13,984,517 | 12,336,225 | 1,648,292 | -0.1 | 0% |
| 2013 | 17,900,446 | 16,826,108 | 1,074,338 | 0.7 | 0% |
| 2014 | 16,665,590 | 16,048,739 | 616,851 | 1.2 | 0% |
| 2015 | 14,678,933 | 13,914,434 | 764,499 | 2.1 | 0% |
| 2016 | 14,467,277 | 14,111,262 | 356,015 | 2.3 | 0% |
| 2017 | 12,168,361 | 11,550,936 | 617,425 | 3.5 | 0% |
| 2018 | 12,141,324 | 12,839,267 | −697,943 | 0.8 | 0% |
| 2019 | 16,708,117 | 16,528,840 | 179,277 | 0.7 | 0% |
| 2020 | 14,540,569 | 15,061,469 | −520,900 | 0.4 | 0% |
| 2021 | 14,790,292 | 13,991,292 | 799,000 | 1.5 | 0% |
| 2022 | 12,597,082 | 12,380,410 | 216,672 | 2.0 | 0% |
| 2023 | 11,671,263 | 11,782,912 | −111,649 | 0.6 | 0% |
| 2024 | 10,319,773 | 10,459,133 | −139,360 | 0.6 | 0% |
In its most recent public year (2024), this organization spent $139,360 more than it brought in. Its reserves stood at about 0.6 months of spending. Staff pay was 0% 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
Merchants Industry Fund's IRS filings as a feed — one entry per filing year, through 2024. 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