Michigan Minority Purchasing Council Mmsdc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,873,504 | 2,469,088 | 404,416 | 16.0 | 46% |
| 2012 | 3,044,478 | 2,680,543 | 363,935 | 15.9 | 53% |
| 2013 | 3,070,830 | 2,976,396 | 94,434 | 15.4 | 49% |
| 2014 | 2,906,670 | 3,180,847 | −274,177 | 13.7 | 45% |
| 2015 | 3,368,696 | 3,286,490 | 82,206 | 13.3 | 41% |
| 2016 | 3,474,387 | 3,421,412 | 52,975 | 13.0 | 43% |
| 2017 | 3,753,126 | 3,612,588 | 140,538 | 13.8 | 45% |
| 2018 | 3,528,120 | 3,555,543 | −27,423 | 11.6 | 44% |
| 2019 | 3,435,547 | 3,034,860 | 400,687 | 17.6 | 47% |
| 2020 | 4,087,908 | 3,844,347 | 243,561 | 16.0 | 39% |
| 2021 | 4,755,954 | 4,633,617 | 122,337 | 14.7 | 37% |
| 2022 | 5,420,735 | 5,471,061 | −50,326 | 10.3 | 30% |
| 2023 | 3,428,137 | 6,135,583 | −2,707,446 | 4.7 | 28% |
In its most recent public year (2023), this organization spent $2,707,446 more than it brought in. Its reserves stood at about 4.7 months of spending, down from 16 in 2011. Staff pay was 28% of spending. $1,229,974 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
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