Michigan Association Of Municipal Clerks
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 96,715 | 116,574 | −19,859 | 23.3 | 0% |
| 2021 | 199,384 | 315,988 | −116,604 | 4.2 | 0% |
| 2022 | 422,573 | 397,906 | 24,667 | 4.0 | 0% |
| 2023 | 607,460 | 534,823 | 72,637 | 4.6 | 0% |
In its most recent public year (2023), this organization brought in $72,637 more than it spent. Its reserves stood at about 4.6 months of spending, down from 23.3 in 2020. 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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