Midwestern Governors Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 471,959 | 572,921 | −100,962 | 13.8 | 0% |
| 2012 | 476,164 | 544,540 | −68,376 | 13.0 | 0% |
| 2013 | 377,334 | 435,279 | −57,945 | 14.7 | 0% |
| 2014 | 452,295 | 417,339 | 34,956 | 16.3 | 0% |
| 2015 | 264,937 | 409,828 | −144,891 | 12.4 | 0% |
| 2016 | 366,227 | 443,111 | −76,884 | 9.4 | 0% |
| 2017 | 244,202 | 357,556 | −113,354 | 7.8 | 0% |
| 2018 | 356,668 | 345,466 | 11,202 | 8.5 | 0% |
| 2019 | 352,134 | 360,032 | −7,898 | 7.9 | 0% |
| 2020 | 186,887 | 253,572 | −66,685 | 8.0 | — |
| 2021 | 326,686 | 154,666 | 172,020 | 26.5 | 72% |
| 2022 | 391,876 | 197,658 | 194,218 | 32.5 | 65% |
| 2023 | 253,484 | 270,637 | −17,153 | 23.0 | 65% |
In its most recent public year (2023), this organization spent $17,153 more than it brought in. Its reserves stood at about 23 months of spending, up from 13.8 in 2011. Staff pay was 65% 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
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