Michigan Masonic Charitable Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 5,683,519 | 5,889,739 | −206,220 | 228.0 | 9% |
| 2013 | 6,990,354 | 5,532,338 | 1,458,016 | 257.2 | 9% |
| 2014 | 4,847,115 | 6,213,916 | −1,366,801 | 250.2 | 7% |
| 2015 | 8,088,162 | 6,479,151 | 1,609,011 | 242.6 | 7% |
| 2016 | 4,104,056 | 5,959,257 | −1,855,201 | 243.3 | 8% |
| 2017 | 8,061,240 | 8,375,047 | −313,807 | 179.5 | 6% |
| 2018 | 8,915,613 | 8,799,212 | 116,401 | 177.6 | 5% |
| 2019 | 8,909,054 | 8,863,648 | 45,406 | 170.6 | 6% |
| 2020 | 8,790,576 | 8,046,007 | 744,569 | 168.0 | 6% |
| 2021 | 7,401,821 | 7,567,268 | −165,447 | 209.3 | 5% |
| 2022 | 8,370,394 | 9,390,605 | −1,020,211 | 174.9 | 3% |
| 2023 | 12,183,044 | 12,139,965 | 43,079 | 120.1 | 3% |
In its most recent public year (2023), this organization brought in $43,079 more than it spent. Its reserves stood at about 120.1 months of spending, down from 228 in 2012. Staff pay was 3% of spending. $4,859,211 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
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