Michigan Farm Bureau
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 15,728,871 | 14,901,452 | 827,419 | 5.6 | 47% |
| 2011 | 17,546,058 | 16,708,398 | 837,660 | 5.5 | 42% |
| 2012 | 16,521,796 | 16,595,015 | −73,219 | 5.5 | 44% |
| 2013 | 12,891,708 | 10,384,531 | 2,507,177 | 12.0 | 41% |
| 2014 | 10,320,551 | 10,381,426 | −60,875 | 11.9 | 43% |
| 2015 | 11,445,465 | 10,208,750 | 1,236,715 | 13.4 | 42% |
| 2016 | 12,399,664 | 11,018,083 | 1,381,581 | 9.5 | 41% |
| 2017 | 10,921,011 | 11,740,315 | −819,304 | 8.0 | 41% |
| 2018 | 11,979,331 | 12,064,431 | −85,100 | 7.7 | 40% |
| 2019 | 14,499,962 | 13,228,262 | 1,271,700 | 8.3 | 40% |
| 2020 | 15,112,463 | 13,899,183 | 1,213,280 | 9.0 | 39% |
| 2021 | 13,489,298 | 12,903,705 | 585,593 | 10.3 | 41% |
| 2022 | 15,100,044 | 14,066,836 | 1,033,208 | 10.2 | 42% |
| 2023 | 15,050,801 | 14,767,365 | 283,436 | 10.0 | 43% |
In its most recent public year (2023), this organization brought in $283,436 more than it spent. Its reserves stood at about 10 months of spending, up from 5.6 in 2010. Staff pay was 43% 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 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 Farm Bureau'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