Michigan Business Aviation Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 48,487 | 70,765 | −22,278 | 6.1 | — |
| 2012 | 59,267 | 71,308 | −12,041 | 4.0 | — |
| 2013 | 70,573 | 70,364 | 209 | 4.1 | — |
| 2014 | 79,285 | 78,922 | 363 | 3.7 | — |
| 2015 | 80,677 | 75,673 | 5,004 | 4.7 | — |
| 2016 | 98,270 | 80,574 | 17,696 | 7.0 | — |
| 2017 | 95,921 | 84,685 | 11,236 | 8.3 | — |
| 2018 | 99,298 | 87,180 | 12,118 | 9.7 | — |
| 2019 | 99,724 | 79,648 | 20,076 | 13.6 | — |
| 2020 | 77,749 | 92,703 | −14,954 | 9.8 | — |
| 2021 | 121,187 | 107,818 | 13,369 | 9.9 | — |
| 2022 | 158,766 | 134,907 | 23,859 | 10.0 | 0% |
| 2023 | 150,601 | 81,844 | 68,757 | 26.6 | 0% |
In its most recent public year (2023), this organization brought in $68,757 more than it spent. Its reserves stood at about 26.6 months of spending, up from 6.1 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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