Michigan History Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 343,267 | 576,238 | −232,971 | 16.4 | 12% |
| 2012 | 1,183,778 | 524,777 | 659,001 | 33.6 | 13% |
| 2013 | 563,137 | 751,968 | −188,831 | 21.9 | 12% |
| 2014 | 870,717 | 620,903 | 249,814 | 31.6 | 14% |
| 2015 | 913,779 | 822,800 | 90,979 | 24.8 | 13% |
| 2016 | 1,130,752 | 1,107,799 | 22,953 | 19.0 | 7% |
| 2017 | 352,268 | 491,821 | −139,553 | 41.2 | 16% |
| 2018 | 346,009 | 847,501 | −501,492 | 15.4 | 10% |
| 2019 | 458,862 | 428,689 | 30,173 | 34.8 | 17% |
| 2020 | 343,567 | 292,002 | 51,565 | 52.7 | 33% |
| 2021 | 309,251 | 327,053 | −17,802 | 46.9 | 30% |
| 2022 | 263,632 | 315,916 | −52,284 | 39.2 | 30% |
| 2023 | 253,711 | 193,535 | 60,176 | 70.4 | 46% |
In its most recent public year (2023), this organization brought in $60,176 more than it spent. Its reserves stood at about 70.4 months of spending, up from 16.4 in 2011. Staff pay was 46% of spending. $835,546 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
Michigan History Foundation Inc'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