Michigan State Bar Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,931,415 | 3,158,071 | −1,226,656 | 20.9 | 8% |
| 2012 | 2,730,923 | 2,277,358 | 453,565 | 34.5 | 12% |
| 2013 | 1,953,451 | 2,416,057 | −462,606 | 33.1 | 11% |
| 2014 | 2,462,641 | 2,700,399 | −237,758 | 30.2 | 10% |
| 2015 | 4,015,256 | 2,754,133 | 1,261,123 | 33.7 | 10% |
| 2016 | 14,007,442 | 4,038,878 | 9,968,564 | 53.1 | 9% |
| 2017 | 3,050,857 | 11,697,283 | −8,646,426 | 10.0 | 3% |
| 2018 | 4,672,736 | 3,252,949 | 1,419,787 | 35.3 | 10% |
| 2019 | 3,371,017 | 3,811,597 | −440,580 | 29.5 | 9% |
| 2020 | 5,949,555 | 5,822,816 | 126,739 | 20.8 | 5% |
| 2021 | 12,232,628 | 12,229,382 | 3,246 | 11.2 | 3% |
| 2022 | 12,794,353 | 13,406,074 | −611,721 | 7.5 | 2% |
| 2023 | 19,857,772 | 14,032,060 | 5,825,712 | 12.9 | 2% |
In its most recent public year (2023), this organization brought in $5,825,712 more than it spent. Its reserves stood at about 12.9 months of spending, down from 20.9 in 2011. Staff pay was 2% of spending. $13,660,779 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 Bar Foundation'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