Midwest Gun Collectors Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 159,135 | 105,942 | 53,193 | 77.8 | 14% |
| 2020 | 200,652 | 135,053 | 65,599 | 66.8 | 18% |
| 2021 | 196,932 | 128,402 | 68,530 | 76.7 | 20% |
| 2022 | 205,140 | 132,250 | 72,890 | 81.1 | 19% |
| 2023 | 175,598 | 241,068 | −65,470 | 41.2 | 10% |
In its most recent public year (2023), this organization spent $65,470 more than it brought in. Its reserves stood at about 41.2 months of spending, down from 77.8 in 2019. Staff pay was 10% 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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