Michigan Biosciences Industry Assoc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 496,063 | 519,030 | −22,967 | -0.6 | 43% |
| 2012 | 603,186 | 546,246 | 56,940 | 0.7 | 43% |
| 2013 | 603,761 | 616,207 | −12,446 | 0.4 | 40% |
| 2014 | 471,363 | 500,655 | −29,292 | -0.0 | 30% |
| 2015 | 465,582 | 403,921 | 61,661 | 0.8 | 60% |
| 2016 | 475,637 | 414,789 | 60,848 | 3.4 | 59% |
| 2017 | 589,117 | 509,648 | 79,469 | 4.6 | 57% |
| 2018 | 576,280 | 559,929 | 16,351 | 4.6 | 53% |
| 2019 | 597,651 | 606,484 | −8,833 | 5.0 | 53% |
| 2020 | 618,460 | 486,919 | 131,541 | 9.5 | 69% |
| 2021 | 631,783 | 560,915 | 70,868 | 9.8 | 62% |
| 2022 | 710,410 | 685,457 | 24,953 | 8.4 | 56% |
| 2023 | 770,986 | 821,369 | −50,383 | 6.3 | 48% |
In its most recent public year (2023), this organization spent $50,383 more than it brought in. Its reserves stood at about 6.3 months of spending, up from -0.6 in 2011. Staff pay was 48% 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 Biosciences Industry Assoc'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