National Federation Of Municipal Analysts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 621,610 | 474,909 | 146,701 | 22.9 | 21% |
| 2012 | 631,962 | 487,365 | 144,597 | 27.1 | 21% |
| 2013 | 664,250 | 555,146 | 109,104 | 28.0 | 20% |
| 2014 | 709,394 | 528,237 | 181,157 | 34.6 | 29% |
| 2015 | 712,493 | 599,565 | 112,928 | 32.1 | 25% |
| 2016 | 770,398 | 691,484 | 78,914 | 30.2 | 23% |
| 2017 | 764,005 | 600,712 | 163,293 | 40.9 | 27% |
| 2018 | 694,900 | 724,572 | −29,672 | 31.6 | 25% |
| 2019 | 816,719 | 707,820 | 108,899 | 38.6 | 24% |
| 2020 | 381,531 | 436,019 | −54,488 | 67.0 | 45% |
| 2021 | 509,023 | 298,794 | 210,229 | 113.9 | 56% |
| 2022 | 749,429 | 495,047 | 254,382 | 64.5 | 36% |
| 2023 | 860,111 | 852,748 | 7,363 | 40.9 | 21% |
In its most recent public year (2023), this organization brought in $7,363 more than it spent. Its reserves stood at about 40.9 months of spending, up from 22.9 in 2011. Staff pay was 21% 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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