Michigan Society Of Association Executives
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 824,115 | 826,889 | −2,774 | 4.8 | 41% |
| 2012 | 868,326 | 840,099 | 28,227 | 5.1 | 41% |
| 2013 | 945,654 | 939,387 | 6,267 | 4.7 | 41% |
| 2014 | 958,699 | 945,208 | 13,491 | 4.8 | 42% |
| 2015 | 953,499 | 998,954 | −45,455 | 4.0 | 45% |
| 2016 | 1,036,869 | 1,064,298 | −27,429 | 3.5 | 44% |
| 2017 | 994,064 | 1,024,870 | −30,806 | 3.6 | 44% |
| 2018 | 1,069,202 | 1,068,187 | 1,015 | 3.3 | 41% |
| 2019 | 965,283 | 981,620 | −16,337 | 3.4 | 33% |
| 2020 | 681,857 | 725,850 | −43,993 | 3.8 | 33% |
| 2021 | 448,278 | 615,895 | −167,617 | 1.2 | 30% |
| 2022 | 569,240 | 629,868 | −60,628 | 0.0 | 26% |
| 2023 | 537,533 | 491,571 | 45,962 | 1.2 | 44% |
In its most recent public year (2023), this organization brought in $45,962 more than it spent. Its reserves stood at about 1.2 months of spending, down from 4.8 in 2011. Staff pay was 44% of spending. $8,403 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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