Michigan State Medical Society Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 685,022 | 690,977 | −5,955 | 20.9 | 0% |
| 2012 | 810,799 | 796,975 | 13,824 | 19.4 | 0% |
| 2013 | 849,237 | 817,933 | 31,304 | 21.2 | 0% |
| 2014 | 623,244 | 608,984 | 14,260 | 29.4 | 0% |
| 2015 | 711,143 | 529,951 | 181,192 | 32.9 | 0% |
| 2016 | 562,670 | 566,514 | −3,844 | 31.3 | 0% |
| 2017 | 440,389 | 500,030 | −59,641 | 38.0 | 0% |
| 2018 | 593,142 | 582,718 | 10,424 | 31.2 | 0% |
| 2019 | 553,057 | 592,026 | −38,969 | 31.7 | 0% |
| 2020 | 371,365 | 704,930 | −333,565 | 21.1 | 0% |
| 2021 | 519,222 | 594,284 | −75,062 | 25.1 | 0% |
| 2022 | 408,918 | 479,870 | −70,952 | 27.0 | 0% |
| 2023 | 346,432 | 407,717 | −61,285 | 31.7 | 0% |
In its most recent public year (2023), this organization spent $61,285 more than it brought in. Its reserves stood at about 31.7 months of spending, up from 20.9 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 State Medical Society Foundation'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