Michigan Nurses Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,981,301 | 5,729,925 | 251,376 | 5.8 | 34% |
| 2012 | 6,617,201 | 5,726,377 | 890,824 | 7.9 | 36% |
| 2013 | 6,770,393 | 5,670,049 | 1,100,344 | 10.5 | 34% |
| 2014 | 6,990,349 | 5,755,955 | 1,234,394 | 13.0 | 33% |
| 2015 | 7,068,769 | 5,021,263 | 2,047,506 | 19.5 | 38% |
| 2016 | 7,058,811 | 4,712,246 | 2,346,565 | 27.2 | 48% |
| 2017 | 8,051,654 | 4,907,332 | 3,144,322 | 34.0 | 46% |
| 2018 | 7,405,569 | 5,187,396 | 2,218,173 | 35.3 | 48% |
| 2019 | 7,911,581 | 4,751,384 | 3,160,197 | 51.6 | 55% |
| 2020 | 7,900,247 | 5,572,706 | 2,327,541 | 53.4 | 54% |
| 2021 | 8,418,016 | 7,193,677 | 1,224,339 | 45.1 | 49% |
| 2022 | 7,672,391 | 7,826,243 | −153,852 | 35.8 | 50% |
| 2023 | 8,173,862 | 9,049,892 | −876,030 | 33.4 | 48% |
In its most recent public year (2023), this organization spent $876,030 more than it brought in. Its reserves stood at about 33.4 months of spending, up from 5.8 in 2011. Staff pay was 48% 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
Michigan Nurses Association'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