Michigan Press Association Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 100,907 | 99,697 | 1,210 | 49.5 | 0% |
| 2013 | 50,379 | 46,004 | 4,375 | 112.2 | 0% |
| 2014 | 64,190 | 57,856 | 6,334 | 97.1 | 0% |
| 2015 | 73,089 | 49,002 | 24,087 | 102.1 | 0% |
| 2016 | 47,769 | 49,542 | −1,773 | 101.6 | 0% |
| 2017 | 37,383 | 47,485 | −10,102 | 112.3 | 0% |
| 2018 | 54,737 | 43,151 | 11,586 | 130.8 | 0% |
| 2019 | 33,463 | 41,513 | −8,050 | 133.8 | 0% |
| 2020 | 27,775 | 57,213 | −29,438 | 94.8 | 0% |
| 2021 | 104,300 | 96,168 | 8,132 | 64.5 | 0% |
| 2022 | 53,977 | 74,657 | −20,680 | 69.6 | 0% |
| 2023 | 38,891 | 49,176 | −10,285 | 108.2 | 0% |
In its most recent public year (2023), this organization spent $10,285 more than it brought in. Its reserves stood at about 108.2 months of spending, up from 49.5 in 2012. Staff pay was 0% of spending. $47,973 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
Michigan Press Association 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