Upper Michigan Tourist Assn
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 917,674 | 949,023 | −31,349 | 3.5 | 21% |
| 2013 | 936,854 | 873,028 | 63,826 | 4.6 | 23% |
| 2014 | 975,007 | 870,001 | 105,006 | 6.1 | 24% |
| 2015 | 1,038,128 | 982,499 | 55,629 | 6.1 | 21% |
| 2016 | 1,132,666 | 1,012,508 | 120,158 | 7.3 | 19% |
| 2017 | 1,218,928 | 1,259,334 | −40,406 | 5.5 | 16% |
| 2018 | 1,307,974 | 1,307,806 | 168 | 5.3 | 16% |
| 2019 | 1,362,123 | 1,437,630 | −75,507 | 4.2 | 15% |
| 2020 | 1,273,272 | 1,085,806 | 187,466 | 7.6 | 19% |
| 2021 | 1,267,924 | 826,654 | 441,270 | 16.4 | 8% |
| 2022 | 1,736,595 | 1,964,504 | −227,909 | 5.5 | 10% |
| 2023 | 1,485,722 | 873,542 | 612,180 | 20.8 | 22% |
| 2024 | 1,848,436 | 1,322,091 | 526,345 | 18.5 | 20% |
In its most recent public year (2024), this organization brought in $526,345 more than it spent. Its reserves stood at about 18.5 months of spending, up from 3.5 in 2012. Staff pay was 20% 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 2024. 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
Upper Michigan Tourist Assn's IRS filings as a feed — one entry per filing year, through 2024. 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