Minnesota Insurance And Financial Services Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 437,131 | 385,431 | 51,700 | 5.6 | 71% |
| 2011 | 442,812 | 376,979 | 65,833 | 7.8 | 59% |
| 2012 | 491,618 | 457,347 | 34,271 | 7.3 | 54% |
| 2013 | 492,251 | 498,732 | −6,481 | 6.6 | 51% |
| 2014 | 553,530 | 576,515 | −22,985 | 5.2 | 0% |
| 2015 | 497,937 | 456,832 | 41,105 | 6.4 | 0% |
| 2016 | 471,074 | 516,413 | −45,339 | 4.6 | 0% |
| 2017 | 495,318 | 505,332 | −10,014 | 4.5 | 0% |
| 2018 | 562,825 | 455,679 | 107,146 | 7.8 | 0% |
| 2019 | 447,040 | 471,214 | −24,174 | 6.9 | 0% |
| 2020 | 437,633 | 416,477 | 21,156 | 8.5 | 0% |
| 2021 | 453,545 | 421,621 | 31,924 | 9.3 | 0% |
| 2022 | 423,544 | 446,177 | −22,633 | 8.2 | 0% |
| 2023 | 522,904 | 494,999 | 27,905 | 8.0 | 0% |
In its most recent public year (2023), this organization brought in $27,905 more than it spent. Its reserves stood at about 8 months of spending, up from 5.6 in 2010. 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 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
Minnesota Insurance And Financial Services Council'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