Michigan Masonic Home
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 31,040,197 | 30,703,162 | 337,035 | 10.8 | 34% |
| 2013 | 32,947,133 | 32,157,647 | 789,486 | 11.1 | 33% |
| 2014 | 32,584,276 | 32,138,898 | 445,378 | 11.3 | 35% |
| 2015 | 36,234,486 | 35,953,780 | 280,706 | 10.2 | 35% |
| 2016 | 38,345,424 | 36,919,725 | 1,425,699 | 10.1 | 39% |
| 2017 | 39,406,267 | 37,905,762 | 1,500,505 | 10.5 | 39% |
| 2018 | 40,173,655 | 39,201,896 | 971,759 | 10.5 | 39% |
| 2019 | 43,147,550 | 41,134,627 | 2,012,923 | 10.4 | 41% |
| 2020 | 43,622,202 | 43,618,764 | 3,438 | 9.7 | 43% |
| 2021 | 42,067,095 | 43,529,367 | −1,462,272 | 9.2 | 1% |
| 2022 | 42,710,892 | 41,545,148 | 1,165,744 | 9.7 | 1% |
| 2023 | 34,791,820 | 37,857,067 | −3,065,247 | 9.7 | 42% |
In its most recent public year (2023), this organization spent $3,065,247 more than it brought in. Its reserves stood at about 9.7 months of spending, down from 10.8 in 2012. Staff pay was 42% of spending. $8,280,040 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
Michigan Masonic Home'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