Michigan Fiber Festival Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 108,964 | 105,394 | 3,570 | 8.4 | — |
| 2012 | 106,396 | 94,107 | 12,289 | 1.6 | — |
| 2013 | 95,739 | 107,246 | −11,507 | 0.1 | — |
| 2014 | 113,656 | 100,305 | 13,351 | 1.7 | — |
| 2015 | 114,401 | 112,136 | 2,265 | 11.6 | — |
| 2016 | 123,180 | 118,849 | 4,331 | 11.4 | — |
| 2017 | 107,193 | 115,216 | −8,023 | 11.0 | — |
| 2018 | 114,207 | 89,652 | 24,555 | 17.4 | — |
| 2019 | 94,971 | 96,548 | −1,577 | 15.9 | — |
| 2020 | 23,303 | 34,125 | −10,822 | 41.3 | — |
| 2021 | 107,536 | 98,172 | 9,364 | 15.5 | — |
| 2022 | 113,816 | 105,001 | 8,815 | 15.5 | 18% |
| 2023 | 122,638 | 110,437 | 12,201 | 16.7 | 0% |
In its most recent public year (2023), this organization brought in $12,201 more than it spent. Its reserves stood at about 16.7 months of spending, up from 8.4 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
Michigan Fiber Festival Inc'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