Michigan Quarter Horse Assoc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 499,939 | 496,080 | 3,859 | 2.0 | 11% |
| 2012 | 599,220 | 559,861 | 39,359 | 2.6 | 12% |
| 2013 | 589,721 | 557,587 | 32,134 | 3.3 | 12% |
| 2014 | 609,215 | 583,932 | 25,283 | 3.7 | 13% |
| 2015 | 660,592 | 622,845 | 37,747 | 4.2 | 12% |
| 2016 | 693,873 | 665,501 | 28,372 | 4.4 | 12% |
| 2017 | 752,234 | 727,129 | 25,105 | 4.5 | 11% |
| 2018 | 784,399 | 736,921 | 47,478 | 5.2 | 10% |
| 2019 | 858,686 | 822,061 | 36,625 | 5.2 | 11% |
| 2020 | 601,214 | 609,295 | −8,081 | 6.9 | 13% |
| 2021 | 780,203 | 837,423 | −57,220 | 4.2 | 9% |
| 2022 | 948,751 | 898,278 | 50,473 | 4.6 | 8% |
| 2023 | 959,245 | 993,736 | −34,491 | 3.7 | 9% |
In its most recent public year (2023), this organization spent $34,491 more than it brought in. Its reserves stood at about 3.7 months of spending, up from 2 in 2011. Staff pay was 9% 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 Quarter Horse Assoc'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