Midland Area Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,281,338 | 3,763,194 | 2,518,144 | 204.3 | 10% |
| 2012 | 4,548,094 | 3,481,841 | 1,066,253 | 247.1 | 10% |
| 2013 | 13,264,971 | 5,254,672 | 8,010,299 | 190.8 | 7% |
| 2014 | 10,368,040 | 6,397,976 | 3,970,064 | 160.2 | 7% |
| 2015 | 9,655,380 | 5,047,553 | 4,607,827 | 199.0 | 9% |
| 2016 | 7,494,508 | 5,563,912 | 1,930,596 | 193.0 | 9% |
| 2017 | 11,522,763 | 12,715,291 | −1,192,528 | 92.3 | 4% |
| 2018 | 13,505,878 | 7,622,610 | 5,883,268 | 144.2 | 7% |
| 2019 | 10,436,815 | 7,094,567 | 3,342,248 | 182.7 | 8% |
| 2020 | 11,959,875 | 9,631,074 | 2,328,801 | 147.1 | 7% |
| 2021 | 15,682,318 | 10,779,956 | 4,902,362 | 145.9 | 7% |
| 2022 | 16,911,059 | 13,749,116 | 3,161,943 | 97.7 | 6% |
| 2023 | 13,513,786 | 12,575,682 | 938,104 | 116.7 | 7% |
In its most recent public year (2023), this organization brought in $938,104 more than it spent. Its reserves stood at about 116.7 months of spending, down from 204.3 in 2011. Staff pay was 7% of spending. $2,146,484 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
Midland Area Community Foundation'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