Michigan Restaurant & Lodging Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,705,953 | 2,567,771 | 138,182 | 7.9 | 40% |
| 2012 | 2,690,927 | 2,474,317 | 216,610 | 9.5 | 37% |
| 2013 | 2,803,571 | 2,613,060 | 190,511 | 10.4 | 36% |
| 2014 | 3,041,893 | 2,964,000 | 77,893 | 9.5 | 35% |
| 2015 | 3,003,558 | 2,723,692 | 279,866 | 11.4 | 38% |
| 2016 | 3,099,538 | 3,004,057 | 95,481 | 11.0 | 38% |
| 2017 | 3,232,235 | 3,149,701 | 82,534 | 11.2 | 35% |
| 2018 | 3,454,715 | 3,246,743 | 207,972 | 11.4 | 35% |
| 2019 | 3,563,613 | 3,255,781 | 307,832 | 13.2 | 37% |
| 2020 | 2,539,213 | 2,157,895 | 381,318 | 22.1 | 45% |
| 2021 | 3,222,884 | 2,524,186 | 698,698 | 23.2 | 41% |
| 2022 | 3,056,309 | 3,167,178 | −110,869 | 17.3 | 43% |
| 2023 | 3,491,191 | 3,131,319 | 359,872 | 19.0 | 43% |
In its most recent public year (2023), this organization brought in $359,872 more than it spent. Its reserves stood at about 19 months of spending, up from 7.9 in 2011. Staff pay was 43% 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 Restaurant & Lodging 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