Michigan Share Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 859,013 | 840,745 | 18,268 | 3.1 | 70% |
| 2013 | 811,987 | 842,516 | −30,529 | 2.6 | 67% |
| 2014 | 834,564 | 837,634 | −3,070 | 2.6 | 68% |
| 2015 | 796,594 | 820,700 | −24,106 | 2.3 | 69% |
| 2016 | 773,014 | 809,300 | −36,286 | 1.8 | 69% |
| 2017 | 756,967 | 807,067 | −50,100 | 1.1 | 71% |
| 2018 | 779,402 | 787,937 | −8,535 | 1.0 | 71% |
| 2019 | 762,006 | 796,402 | −34,396 | 0.4 | 75% |
| 2020 | 767,680 | 791,914 | −24,234 | 0.1 | 74% |
| 2021 | 768,464 | 847,337 | −78,873 | -1.2 | 81% |
| 2022 | 941,699 | 989,717 | −48,018 | -0.1 | 76% |
| 2023 | 1,513,615 | 1,250,138 | 263,477 | 2.4 | 71% |
In its most recent public year (2023), this organization brought in $263,477 more than it spent. Its reserves stood at about 2.4 months of spending. Staff pay was 71% 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 Share Corporation'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