Lake Michigan Air Director Corsortium
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,848,309 | 1,794,654 | 53,655 | 2.7 | 44% |
| 2013 | 1,409,502 | 1,424,353 | −14,851 | 3.3 | 60% |
| 2014 | 1,498,152 | 1,627,250 | −129,098 | 1.9 | 55% |
| 2015 | 2,098,755 | 2,113,405 | −14,650 | 1.4 | 39% |
| 2016 | 1,743,339 | 1,723,837 | 19,502 | 1.8 | 50% |
| 2017 | 1,595,427 | 1,659,688 | −64,261 | 1.4 | 50% |
| 2018 | 1,577,867 | 1,569,585 | 8,282 | 2.4 | 47% |
| 2019 | 1,663,175 | 1,706,762 | −43,587 | 1.9 | 48% |
| 2020 | 1,709,540 | 1,686,225 | 23,315 | 2.1 | 53% |
| 2021 | 1,754,213 | 1,728,599 | 25,614 | 2.2 | 57% |
| 2022 | 1,851,632 | 1,875,141 | −23,509 | 1.9 | 52% |
| 2023 | 2,019,555 | 2,040,898 | −21,343 | 1.6 | 50% |
In its most recent public year (2023), this organization spent $21,343 more than it brought in. Its reserves stood at about 1.6 months of spending, down from 2.7 in 2012. Staff pay was 50% 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
Lake Michigan Air Director Corsortium'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