The Center For Michigan Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,399,792 | 1,177,229 | 2,222,563 | 70.2 | 34% |
| 2012 | 616,446 | 1,741,909 | −1,125,463 | 39.7 | 39% |
| 2013 | 932,361 | 1,759,810 | −827,449 | 33.6 | 39% |
| 2014 | 734,989 | 2,247,974 | −1,512,985 | 18.2 | 42% |
| 2015 | 483,685 | 2,103,114 | −1,619,429 | 10.3 | 48% |
| 2016 | 8,882,610 | 2,268,056 | 6,614,554 | 44.5 | 51% |
| 2017 | 1,492,472 | 2,433,927 | −941,455 | 36.8 | 52% |
| 2018 | 1,281,061 | 2,580,954 | −1,299,893 | 28.7 | 59% |
| 2019 | 2,031,161 | 2,725,819 | −694,658 | 24.1 | 58% |
| 2020 | 4,069,600 | 3,805,679 | 263,921 | 18.1 | 58% |
| 2021 | 11,666,201 | 4,605,101 | 7,061,100 | 33.4 | 58% |
| 2022 | 7,693,331 | 5,049,941 | 2,643,390 | 36.7 | 66% |
| 2023 | 2,664,896 | 5,257,128 | −2,592,232 | 29.3 | 68% |
In its most recent public year (2023), this organization spent $2,592,232 more than it brought in. Its reserves stood at about 29.3 months of spending, down from 70.2 in 2011. Staff pay was 68% 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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