Michigan Architectural Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 124,067 | 60,345 | 63,722 | 206.9 | 0% |
| 2012 | 58,083 | 61,575 | −3,492 | 213.5 | 0% |
| 2013 | 123,805 | 66,227 | 57,578 | 240.1 | 0% |
| 2014 | 134,940 | 87,855 | 47,085 | 184.9 | 0% |
| 2015 | 127,923 | 76,153 | 51,770 | 204.8 | 0% |
| 2016 | 178,651 | 85,192 | 93,459 | 205.0 | 0% |
| 2017 | 213,105 | 93,858 | 119,247 | 224.1 | 0% |
| 2018 | 184,331 | 110,165 | 74,166 | 175.9 | 0% |
| 2019 | 263,398 | 103,134 | 160,264 | 239.0 | 0% |
| 2020 | 279,669 | 119,872 | 159,797 | 251.2 | 0% |
| 2021 | 427,769 | 137,153 | 290,616 | 262.0 | 0% |
| 2022 | 497,826 | 151,573 | 346,253 | 193.6 | 0% |
| 2023 | 380,001 | 147,876 | 232,125 | 246.6 | 0% |
In its most recent public year (2023), this organization brought in $232,125 more than it spent. Its reserves stood at about 246.6 months of spending, up from 206.9 in 2011. Staff pay was 0% of spending. $1,172,088 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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