Michigan State Chamber Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 458,632 | 447,057 | 11,575 | 10.4 | 0% |
| 2012 | 377,097 | 495,140 | −118,043 | 6.5 | 0% |
| 2013 | 355,309 | 360,114 | −4,805 | 8.8 | 0% |
| 2014 | 210,804 | 229,616 | −18,812 | 12.8 | 0% |
| 2015 | 197,945 | 291,568 | −93,623 | 6.7 | 0% |
| 2016 | 95,765 | 210,258 | −114,493 | 2.7 | — |
| 2017 | 44,336 | 96,785 | −52,449 | -0.6 | — |
| 2018 | 104,025 | 94,308 | 9,717 | 0.6 | — |
| 2019 | 100,164 | 69,495 | 30,669 | 6.2 | — |
| 2020 | 402,441 | 243,737 | 158,704 | 9.6 | 0% |
| 2021 | 254,979 | 368,516 | −113,537 | 3.1 | 0% |
| 2022 | 548,278 | 406,949 | 141,329 | 4.7 | 25% |
| 2023 | 780,858 | 752,859 | 27,999 | 1.9 | 20% |
In its most recent public year (2023), this organization brought in $27,999 more than it spent. Its reserves stood at about 1.9 months of spending, down from 10.4 in 2011. Staff pay was 20% 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 State Chamber 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