Michigan City Mainstreet Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 57,027 | 52,265 | 4,762 | 3.5 | — |
| 2014 | 73,208 | 69,975 | 3,233 | 3.2 | — |
| 2015 | 146,067 | 133,673 | 12,394 | 2.8 | — |
| 2016 | 124,152 | 114,026 | 10,126 | 4.3 | — |
| 2017 | 168,445 | 110,485 | 57,960 | 10.7 | — |
| 2018 | 175,275 | 147,399 | 27,876 | 10.3 | — |
| 2019 | 203,932 | 176,843 | 27,089 | 10.4 | 0% |
| 2020 | 61,095 | 77,014 | −15,919 | 21.5 | — |
| 2021 | 30,413 | 73,304 | −42,891 | 15.6 | — |
| 2022 | 160,970 | 128,362 | 32,608 | 11.9 | — |
In its most recent public year (2022), this organization brought in $32,608 more than it spent. Its reserves stood at about 11.9 months of spending, up from 3.5 in 2013.
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
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