Mackinac Economic Alliance
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 91,390 | 89,836 | 1,554 | 14.9 | — |
| 2017 | 89,968 | 77,515 | 12,453 | 7.0 | — |
| 2018 | 93,074 | 73,756 | 19,318 | 10.5 | — |
| 2019 | 104,865 | 92,991 | 11,874 | 9.8 | — |
| 2020 | 125,077 | 109,828 | 15,249 | 11.2 | — |
| 2021 | 138,091 | 152,012 | −13,921 | 7.0 | — |
| 2022 | 133,914 | 142,364 | −8,450 | 6.8 | — |
| 2023 | 109,098 | 108,595 | 503 | 9.0 | — |
In its most recent public year (2023), this organization brought in $503 more than it spent. Its reserves stood at about 9 months of spending, down from 14.9 in 2016.
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
Mackinac Economic Alliance'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