Michigan State Medical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,168,315 | 8,173,861 | −5,546 | 9.1 | 6% |
| 2012 | 8,361,800 | 7,960,342 | 401,458 | 9.2 | 6% |
| 2013 | 8,087,221 | 7,373,751 | 713,470 | 15.7 | 7% |
| 2014 | 7,456,812 | 6,466,153 | 990,659 | 18.4 | 42% |
| 2015 | 5,887,858 | 5,594,211 | 293,647 | 22.3 | 44% |
| 2016 | 5,272,297 | 5,311,317 | −39,020 | 24.4 | 46% |
| 2017 | 5,142,395 | 5,176,207 | −33,812 | 27.2 | 44% |
| 2018 | 5,762,703 | 5,390,359 | 372,344 | 26.8 | 48% |
| 2019 | 6,063,537 | 5,693,910 | 369,627 | 25.4 | 46% |
| 2020 | 5,012,400 | 4,726,877 | 285,523 | 33.6 | 50% |
| 2021 | 5,010,247 | 5,158,120 | −147,873 | 32.1 | 51% |
| 2022 | 4,081,856 | 5,463,961 | −1,382,105 | 24.3 | 52% |
| 2023 | 3,906,124 | 4,811,091 | −904,967 | 24.5 | 58% |
In its most recent public year (2023), this organization spent $904,967 more than it brought in. Its reserves stood at about 24.5 months of spending, up from 9.1 in 2011. Staff pay was 58% of spending. $37,823 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 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
Michigan State Medical Society'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