Munster Indiana Municipal Improvement Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 131,729 | 91,352 | 40,377 | 296.9 | 0% |
| 2012 | 121,922 | 81,607 | 40,315 | 349.8 | 0% |
| 2013 | 110,664 | 117,382 | −6,718 | 245.9 | 0% |
| 2014 | 111,281 | 98,758 | 12,523 | 303.1 | 0% |
| 2015 | 100,721 | 87,208 | 13,513 | 330.0 | 0% |
| 2016 | 102,837 | 142,552 | −39,715 | 212.4 | 0% |
| 2017 | 92,397 | 106,081 | −13,684 | 305.6 | 0% |
| 2018 | 152,429 | 81,173 | 71,256 | 376.7 | 0% |
| 2019 | 95,261 | 96,648 | −1,387 | 347.5 | 0% |
| 2020 | 137,265 | 49,187 | 88,078 | 689.7 | 0% |
| 2021 | 108,796 | 117,204 | −8,408 | 309.8 | 0% |
| 2022 | 130,092 | 197,510 | −67,418 | 157.0 | 0% |
| 2023 | 357,199 | 125,861 | 231,338 | 269.1 | 0% |
In its most recent public year (2023), this organization brought in $231,338 more than it spent. Its reserves stood at about 269.1 months of spending, down from 296.9 in 2011. Staff pay was 0% of spending. $24,983 of its net assets are donor-restricted.
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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