Detroit Historical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,933,172 | 2,671,170 | 2,262,002 | 36.6 | 51% |
| 2012 | 5,441,402 | 2,950,394 | 2,491,008 | 41.3 | 52% |
| 2013 | 4,185,647 | 3,331,744 | 853,903 | 40.2 | 44% |
| 2014 | 3,724,105 | 3,580,044 | 144,061 | 38.8 | 40% |
| 2015 | 3,496,508 | 3,505,468 | −8,960 | 39.0 | 42% |
| 2016 | 4,600,318 | 3,902,490 | 697,828 | 36.5 | 42% |
| 2017 | 4,765,722 | 5,818,479 | −1,052,757 | 23.2 | 31% |
| 2018 | 3,550,435 | 4,625,398 | −1,074,963 | 26.8 | 44% |
| 2019 | 3,713,021 | 4,055,330 | −342,309 | 28.2 | 48% |
| 2020 | 2,440,000 | 4,143,821 | −1,703,821 | 23.0 | 50% |
| 2021 | 2,562,999 | 4,218,465 | −1,655,466 | 18.2 | 48% |
| 2022 | 4,585,280 | 4,914,290 | −329,010 | 14.0 | 42% |
| 2023 | 8,571,688 | 5,740,337 | 2,831,351 | 18.1 | 41% |
In its most recent public year (2023), this organization brought in $2,831,351 more than it spent. Its reserves stood at about 18.1 months of spending, down from 36.6 in 2011. Staff pay was 41% of spending. $933,059 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
Detroit Historical 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