Michigan Society Of Thoracic And Cardiovascular Surgeons
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 104,467 | 125,084 | −20,617 | 5.4 | 0% |
| 2012 | 99,906 | 72,867 | 27,039 | 13.8 | — |
| 2013 | 131,617 | 219,642 | −88,025 | -0.2 | — |
| 2014 | 113,580 | 87,225 | 26,355 | 3.0 | — |
| 2015 | 162,862 | 139,851 | 23,011 | 3.9 | — |
| 2016 | 170,168 | 129,138 | 41,030 | 8.0 | — |
| 2017 | 177,793 | 148,749 | 29,044 | 9.3 | — |
| 2018 | 189,357 | 160,675 | 28,682 | 10.7 | — |
| 2019 | 179,229 | 149,825 | 29,404 | 13.9 | — |
| 2020 | 78,223 | 57,708 | 20,515 | 40.3 | — |
| 2021 | 41,717 | 40,218 | 1,499 | 58.2 | — |
| 2022 | 192,549 | 184,461 | 8,088 | 13.2 | — |
| 2023 | 188,417 | 176,726 | 11,691 | 14.6 | — |
In its most recent public year (2023), this organization brought in $11,691 more than it spent. Its reserves stood at about 14.6 months of spending, up from 5.4 in 2011.
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 Society Of Thoracic And Cardiovascular Surgeons'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