Michigan Chemistry Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 189,392 | 200,301 | −10,909 | 6.4 | 42% |
| 2012 | 186,590 | 199,004 | −12,414 | 5.7 | 43% |
| 2013 | 186,070 | 184,403 | 1,667 | 6.3 | 46% |
| 2014 | 184,903 | 225,350 | −40,447 | 3.0 | 47% |
| 2015 | 183,087 | 198,525 | −15,438 | 2.4 | 34% |
| 2016 | 198,849 | 190,579 | 8,270 | 3.1 | 37% |
| 2017 | 200,778 | 218,475 | −17,697 | 1.7 | 35% |
| 2018 | 242,479 | 229,886 | 12,593 | 2.3 | 34% |
| 2019 | 181,517 | 192,146 | −10,629 | 2.1 | 39% |
| 2020 | 186,819 | 161,470 | 25,349 | 4.3 | 45% |
| 2021 | 162,169 | 179,043 | −16,874 | 2.8 | 41% |
| 2022 | 168,001 | 182,588 | −14,587 | 1.8 | 41% |
| 2023 | 172,707 | 178,649 | −5,942 | 2.4 | — |
In its most recent public year (2023), this organization spent $5,942 more than it brought in. Its reserves stood at about 2.4 months of spending, down from 6.4 in 2011.
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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