Minnesota Exploration Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 449,808 | 391,776 | 58,032 | 13.3 | 0% |
| 2012 | 357,951 | 506,832 | −148,881 | 6.8 | 0% |
| 2013 | 389,878 | 455,685 | −65,807 | 5.8 | 0% |
| 2014 | 537,516 | 452,654 | 84,862 | 8.1 | 0% |
| 2015 | 759,477 | 703,452 | 56,025 | 6.1 | 0% |
| 2016 | 435,718 | 387,548 | 48,170 | 12.7 | 0% |
| 2017 | 479,693 | 513,786 | −34,093 | 8.7 | 0% |
| 2018 | 508,144 | 464,464 | 43,680 | 10.8 | 0% |
| 2019 | 486,440 | 536,756 | −50,316 | 8.2 | 0% |
| 2020 | 525,226 | 489,549 | 35,677 | 9.9 | 0% |
| 2021 | 417,376 | 568,299 | −150,923 | 5.3 | 0% |
| 2022 | 582,955 | 586,602 | −3,647 | 7.9 | 23% |
| 2023 | 442,996 | 437,583 | 5,413 | 10.7 | 41% |
In its most recent public year (2023), this organization brought in $5,413 more than it spent. Its reserves stood at about 10.7 months of spending, down from 13.3 in 2011. Staff pay was 41% 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
Minnesota Exploration Association Inc'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