Citizens Research Council Of Michigan Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,071,313 | 867,868 | 203,445 | 51.6 | 58% |
| 2021 | 1,498,971 | 915,077 | 583,894 | 58.9 | 58% |
| 2022 | 1,342,091 | 1,191,600 | 150,491 | 39.3 | 61% |
| 2023 | 1,423,944 | 1,345,203 | 78,741 | 35.6 | 60% |
In its most recent public year (2023), this organization brought in $78,741 more than it spent. Its reserves stood at about 35.6 months of spending, down from 51.6 in 2020. Staff pay was 60% of spending. $3,031,024 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
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