Minnesota State Auctioneers Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 18,252 | 22,624 | −4,372 | 41.5 | — |
| 2022 | 141,711 | 44,725 | 96,986 | 47.0 | — |
| 2023 | 56,827 | 113,844 | −57,017 | 12.5 | — |
| 2024 | 75,181 | 65,893 | 9,288 | 23.2 | — |
In its most recent public year (2024), this organization brought in $9,288 more than it spent. Its reserves stood at about 23.2 months of spending, down from 41.5 in 2021.
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
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