Midwestern Higher Education Commission
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,082,852 | 2,271,107 | −188,255 | 19.2 | 38% |
| 2012 | 2,324,402 | 2,311,867 | 12,535 | 19.0 | 42% |
| 2013 | 2,163,381 | 2,740,920 | −577,539 | 13.5 | 43% |
| 2014 | 2,998,160 | 3,285,792 | −287,632 | 10.1 | 37% |
| 2015 | 3,650,470 | 3,021,064 | 629,406 | 13.5 | 44% |
| 2016 | 3,363,207 | 3,397,628 | −34,421 | 11.9 | 43% |
| 2017 | 3,673,955 | 3,394,631 | 279,324 | 12.9 | 54% |
| 2018 | 3,386,637 | 3,533,609 | −146,972 | 11.9 | 48% |
| 2019 | 3,725,493 | 3,482,129 | 243,364 | 12.9 | 49% |
| 2020 | 3,994,652 | 3,594,538 | 400,114 | 13.8 | 48% |
| 2021 | 5,714,621 | 3,973,735 | 1,740,886 | 17.8 | 45% |
| 2022 | 4,779,370 | 4,463,350 | 316,020 | 14.7 | 44% |
| 2023 | 8,521,915 | 3,974,756 | 4,547,159 | 30.3 | 48% |
In its most recent public year (2023), this organization brought in $4,547,159 more than it spent. Its reserves stood at about 30.3 months of spending, up from 19.2 in 2011. Staff pay was 48% of spending. $20,073 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
Midwestern Higher Education Commission'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