Michigan Horse Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 243,555 | 204,983 | 38,572 | 21.7 | 9% |
| 2012 | 246,869 | 214,557 | 32,312 | 22.6 | 9% |
| 2013 | 222,433 | 206,971 | 15,462 | 24.3 | 8% |
| 2014 | 224,998 | 211,564 | 13,434 | 24.5 | 7% |
| 2015 | 212,506 | 183,190 | 29,316 | 30.3 | 0% |
| 2016 | 244,460 | 326,535 | −82,075 | 14.0 | 0% |
| 2017 | 239,750 | 278,515 | −38,765 | 14.7 | 0% |
| 2018 | 247,886 | 242,510 | 5,376 | 17.1 | 0% |
| 2019 | 253,626 | 254,017 | −391 | 15.5 | 0% |
| 2020 | 219,136 | 250,794 | −31,658 | 14.2 | 0% |
| 2021 | 64,024 | 84,808 | −20,784 | 39.0 | 0% |
| 2022 | 258,424 | 239,767 | 18,657 | 14.7 | 0% |
| 2023 | 350,759 | 357,688 | −6,929 | 9.6 | 0% |
In its most recent public year (2023), this organization spent $6,929 more than it brought in. Its reserves stood at about 9.6 months of spending, down from 21.7 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
Michigan Horse Council'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