Michigan Orthopaedic Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 320,812 | 325,062 | −4,250 | 6.4 | 10% |
| 2012 | 300,990 | 299,272 | 1,718 | 7.0 | 11% |
| 2013 | 304,140 | 320,918 | −16,778 | 5.9 | 11% |
| 2014 | 282,324 | 288,236 | −5,912 | 6.3 | 12% |
| 2015 | 324,477 | 330,060 | −5,583 | 5.3 | 11% |
| 2016 | 282,443 | 327,111 | −44,668 | 3.7 | 12% |
| 2017 | 304,869 | 327,796 | −22,927 | 2.9 | 12% |
| 2018 | 280,678 | 273,437 | 7,241 | 3.8 | 14% |
| 2019 | 293,924 | 266,735 | 27,189 | 5.1 | 15% |
| 2020 | 88,551 | 101,314 | −12,763 | 11.8 | 0% |
| 2021 | 152,335 | 151,347 | 988 | 8.0 | 0% |
| 2022 | 170,854 | 156,884 | 13,970 | 8.8 | 0% |
| 2023 | 182,656 | 176,095 | 6,561 | 8.3 | 0% |
In its most recent public year (2023), this organization brought in $6,561 more than it spent. Its reserves stood at about 8.3 months of spending, up from 6.4 in 2011. Staff pay was 0% 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
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