Business Leaders For Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,213,502 | 2,721,735 | 491,767 | 7.5 | 30% |
| 2012 | 3,498,287 | 2,964,066 | 534,221 | 9.1 | 24% |
| 2013 | 3,542,144 | 3,376,778 | 165,366 | 8.9 | 42% |
| 2014 | 3,444,171 | 3,446,935 | −2,764 | 8.6 | 43% |
| 2015 | 3,548,398 | 3,294,809 | 253,589 | 9.6 | 47% |
| 2016 | 3,684,677 | 3,260,063 | 424,614 | 11.7 | 49% |
| 2017 | 3,740,616 | 3,587,927 | 152,689 | 11.4 | 49% |
| 2018 | 4,218,377 | 3,689,680 | 528,697 | 11.6 | 51% |
| 2019 | 4,136,258 | 3,357,324 | 778,934 | 16.4 | 57% |
| 2020 | 3,991,510 | 3,420,084 | 571,426 | 18.0 | 59% |
| 2021 | 5,318,936 | 3,666,573 | 1,652,363 | 22.4 | 44% |
| 2022 | 5,290,425 | 4,056,266 | 1,234,159 | 20.3 | 52% |
In its most recent public year (2022), this organization brought in $1,234,159 more than it spent. Its reserves stood at about 20.3 months of spending, up from 7.5 in 2011. Staff pay was 52% 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 2022. 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
Business Leaders For Michigan's IRS filings as a feed — one entry per filing year, through 2022. 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