Michigan Public Transit Assn Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 609,629 | 633,326 | −23,697 | 6.0 | 4% |
| 2012 | 651,523 | 614,496 | 37,027 | 6.9 | 5% |
| 2013 | 637,699 | 642,284 | −4,585 | 6.6 | 4% |
| 2014 | 704,259 | 718,085 | −13,826 | 5.7 | 5% |
| 2015 | 689,182 | 671,053 | 18,129 | 6.4 | 6% |
| 2016 | 666,641 | 642,435 | 24,206 | 7.2 | 21% |
| 2017 | 719,415 | 698,188 | 21,227 | 7.0 | 20% |
| 2018 | 749,195 | 713,995 | 35,200 | 7.4 | 21% |
| 2019 | 797,294 | 782,240 | 15,054 | 7.0 | 20% |
| 2020 | 415,597 | 436,274 | −20,677 | 12.0 | 38% |
| 2021 | 672,747 | 644,480 | 28,267 | 8.6 | 24% |
| 2022 | 1,622,778 | 1,524,494 | 98,284 | 4.4 | 10% |
| 2023 | 1,082,082 | 937,254 | 144,828 | 9.0 | 18% |
In its most recent public year (2023), this organization brought in $144,828 more than it spent. Its reserves stood at about 9 months of spending, up from 6 in 2011. Staff pay was 18% 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 Public Transit Assn Inc'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