Michigan Education Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,741,501 | 2,704,954 | 36,547 | 18.0 | 0% |
| 2012 | 2,872,848 | 2,765,291 | 107,557 | 18.1 | 0% |
| 2013 | 3,162,878 | 3,138,271 | 24,607 | 16.0 | 0% |
| 2014 | 3,239,622 | 3,248,139 | −8,517 | 15.5 | 0% |
| 2015 | 3,202,428 | 3,103,136 | 99,292 | 16.6 | 0% |
| 2016 | 2,968,078 | 2,866,134 | 101,944 | 18.4 | 0% |
| 2017 | 3,433,583 | 2,934,264 | 499,319 | 20.0 | 0% |
| 2018 | 3,177,600 | 2,923,040 | 254,560 | 21.1 | 0% |
| 2019 | 3,375,515 | 3,123,492 | 252,023 | 20.7 | 0% |
| 2020 | 3,328,632 | 3,029,728 | 298,904 | 21.8 | 0% |
| 2021 | 2,699,980 | 2,867,709 | −167,729 | 22.3 | 0% |
| 2022 | 3,722,412 | 3,018,097 | 704,315 | 25.1 | 0% |
| 2023 | 3,351,868 | 3,473,668 | −121,800 | 21.3 | 0% |
In its most recent public year (2023), this organization spent $121,800 more than it brought in. Its reserves stood at about 21.3 months of spending, up from 18 in 2011. 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 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
Michigan Education Council'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