Michigan Paint Horse Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 112,594 | 115,661 | −3,067 | 2.6 | — |
| 2012 | 101,893 | 97,260 | 4,633 | 3.6 | — |
| 2013 | 84,407 | 81,526 | 2,881 | 4.7 | — |
| 2014 | 84,393 | 95,038 | −10,645 | 2.7 | — |
| 2015 | 72,366 | 74,613 | −2,247 | 3.1 | — |
| 2016 | 84,660 | 67,535 | 17,125 | 6.5 | — |
| 2017 | 55,829 | 54,436 | 1,393 | 8.3 | — |
| 2018 | 90,021 | 67,050 | 22,971 | 10.9 | — |
| 2019 | 151,397 | 136,433 | 14,964 | 6.7 | — |
| 2020 | 172,754 | 168,450 | 4,304 | 5.7 | — |
| 2021 | 315,741 | 254,038 | 61,703 | 6.7 | 0% |
| 2022 | 223,931 | 242,070 | −18,139 | 6.1 | 0% |
| 2023 | 159,405 | 156,236 | 3,169 | 9.7 | 0% |
In its most recent public year (2023), this organization brought in $3,169 more than it spent. Its reserves stood at about 9.7 months of spending, up from 2.6 in 2011. Staff pay was 0% 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
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