Mackinac Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,778,257 | 3,925,505 | 1,852,752 | 29.1 | 51% |
| 2012 | 3,222,455 | 4,395,247 | −1,172,792 | 23.1 | 50% |
| 2013 | 5,593,469 | 4,339,266 | 1,254,203 | 27.1 | 53% |
| 2014 | 4,972,208 | 4,351,888 | 620,320 | 29.1 | 51% |
| 2015 | 6,434,630 | 6,003,578 | 431,052 | 21.8 | 44% |
| 2016 | 4,765,507 | 6,608,146 | −1,842,639 | 16.7 | 42% |
| 2017 | 8,513,761 | 6,620,239 | 1,893,522 | 20.4 | 44% |
| 2018 | 11,321,456 | 8,408,449 | 2,913,007 | 20.1 | 41% |
| 2019 | 8,585,785 | 9,891,359 | −1,305,574 | 15.9 | 35% |
| 2020 | 6,974,263 | 9,421,593 | −2,447,330 | 13.9 | 37% |
| 2021 | 15,562,407 | 10,121,925 | 5,440,482 | 19.7 | 39% |
| 2022 | 11,464,559 | 11,496,742 | −32,183 | 17.0 | 37% |
| 2023 | 11,036,681 | 12,614,701 | −1,578,020 | 14.2 | 35% |
In its most recent public year (2023), this organization spent $1,578,020 more than it brought in. Its reserves stood at about 14.2 months of spending, down from 29.1 in 2011. Staff pay was 35% of spending. $9,927,850 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
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