Michigan Bean Festival Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 14,218 | 18,741 | −4,523 | 13.8 | — |
| 2014 | 17,774 | 17,387 | 387 | 15.2 | — |
| 2015 | 36,528 | 32,317 | 4,211 | 9.7 | — |
| 2023 | 84,132 | 72,539 | 11,593 | 8.9 | — |
In its most recent public year (2023), this organization brought in $11,593 more than it spent. Its reserves stood at about 8.9 months of spending, down from 13.8 in 2013.
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 Bean Festival Association'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