Michigan Aerospace Manufacturersassociation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 357,492 | 267,304 | 90,188 | 6.8 | 42% |
| 2019 | 1,527,620 | 827,374 | 700,246 | 1.9 | 34% |
| 2020 | 1,268,949 | 957,321 | 311,628 | 5.6 | 26% |
| 2021 | 467,734 | 1,075,839 | −608,105 | -2.3 | 23% |
| 2022 | 400,528 | 610,715 | −210,187 | -8.0 | 39% |
In its most recent public year (2022), this organization spent $210,187 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-8 months), down from 6.8 in 2011. Staff pay was 39% 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 2022. 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 Aerospace Manufacturersassociation's IRS filings as a feed — one entry per filing year, through 2022. 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