Michigan Education Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 73,136,270 | 77,929,799 | −4,793,529 | -24.7 | 34% |
| 2013 | 78,942,157 | 78,858,103 | 84,054 | -17.3 | 32% |
| 2014 | 68,668,606 | 68,480,389 | 188,217 | -23.9 | 36% |
| 2015 | 68,715,872 | 65,667,623 | 3,048,249 | -42.2 | 36% |
| 2016 | 59,158,906 | 82,397,162 | −23,238,256 | -36.1 | 28% |
| 2017 | 60,354,655 | 70,932,788 | −10,578,133 | -36.7 | 32% |
| 2018 | 58,512,912 | 65,622,691 | −7,109,779 | -32.2 | 34% |
| 2019 | 61,202,535 | 60,431,750 | 770,785 | -20.9 | 36% |
| 2020 | 58,995,282 | 46,840,887 | 12,154,395 | -18.7 | 47% |
| 2021 | 59,426,267 | 40,798,690 | 18,627,577 | 4.0 | 56% |
| 2022 | 65,282,983 | 35,828,041 | 29,454,942 | -0.0 | 64% |
In its most recent public year (2022), this organization brought in $29,454,942 more than it spent. Its reserves stood at about 0 months of spending, up from -24.7 in 2012. Staff pay was 64% of spending. $65,322 of its net assets are donor-restricted.
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 2022. 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
Michigan Education Association's IRS filings as a feed — one entry per filing year, through 2022. 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