Chicago Medical Society Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 1,419,227 | 1,249,240 | 169,987 | 16.7 | 41% |
| 2011 | 1,408,830 | 1,173,168 | 235,662 | 19.7 | 39% |
| 2012 | 1,246,348 | 1,257,912 | −11,564 | 18.8 | 39% |
| 2013 | 1,270,218 | 1,242,002 | 28,216 | 19.9 | 38% |
| 2014 | 944,489 | 1,317,985 | −373,496 | 15.2 | 35% |
| 2015 | 891,013 | 1,255,642 | −364,629 | 12.0 | 36% |
| 2016 | 962,865 | 1,044,921 | −82,056 | 12.7 | 39% |
| 2017 | 868,813 | 848,870 | 19,943 | 15.8 | 34% |
| 2018 | 779,583 | 788,181 | −8,598 | 15.0 | 0% |
| 2019 | 751,854 | 781,090 | −29,236 | 16.1 | 0% |
| 2020 | 689,354 | 809,772 | −120,418 | 14.5 | 0% |
| 2021 | 659,770 | 749,963 | −90,193 | 14.6 | 0% |
| 2022 | 212,800 | 694,567 | −481,767 | 5.1 | 0% |
In its most recent public year (2022), this organization spent $481,767 more than it brought in. Its reserves stood at about 5.1 months of spending, down from 16.7 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 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
Chicago Medical Society Association'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