Detroit Economic Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,598,688 | 1,523,643 | 75,045 | 5.2 | 45% |
| 2012 | 1,774,382 | 1,716,877 | 57,505 | 5.1 | 39% |
| 2013 | 1,953,722 | 1,788,915 | 164,807 | 6.0 | 36% |
| 2014 | 1,919,534 | 1,634,209 | 285,325 | 8.6 | 42% |
| 2015 | 2,175,085 | 1,814,079 | 361,006 | 10.1 | 40% |
| 2016 | 2,185,609 | 1,791,469 | 394,140 | 13.0 | 42% |
| 2017 | 1,985,753 | 1,841,396 | 144,357 | 13.7 | 41% |
| 2018 | 1,918,263 | 1,688,804 | 229,459 | 16.6 | 41% |
| 2019 | 1,852,006 | 1,510,188 | 341,818 | 21.8 | 36% |
| 2020 | 1,486,234 | 1,353,720 | 132,514 | 25.4 | 44% |
| 2021 | 1,225,694 | 969,672 | 256,022 | 41.0 | 61% |
| 2022 | 1,470,575 | 1,252,900 | 217,675 | 32.3 | 49% |
| 2023 | 1,730,536 | 1,600,961 | 129,575 | 26.4 | 44% |
In its most recent public year (2023), this organization brought in $129,575 more than it spent. Its reserves stood at about 26.4 months of spending, up from 5.2 in 2011. Staff pay was 44% 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
Detroit Economic Club'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