Florida Magazine Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 140,768 | 148,313 | −7,545 | 2.2 | — |
| 2012 | 111,758 | 138,319 | −26,561 | 0.1 | — |
| 2013 | 128,723 | 133,137 | −4,414 | -0.3 | — |
| 2014 | 115,282 | 114,383 | 899 | -0.2 | — |
| 2015 | 109,017 | 112,655 | −3,638 | -0.6 | — |
| 2016 | 100,090 | 100,706 | −616 | -0.8 | — |
| 2020 | 38,020 | 44,717 | −6,697 | -3.2 | — |
| 2022 | 47,951 | 43,249 | 4,702 | -3.4 | — |
| 2023 | 42,306 | 43,542 | −1,236 | -3.7 | — |
In its most recent public year (2023), this organization spent $1,236 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.7 months), down from 2.2 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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