Michigan State Medical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 141,675 | 145,553 | −3,878 | 5.1 | — |
| 2012 | 143,944 | 148,252 | −4,308 | 4.7 | — |
| 2013 | 134,824 | 155,395 | −20,571 | 2.9 | — |
| 2014 | 170,498 | 170,671 | −173 | 2.6 | — |
| 2015 | 162,359 | 171,174 | −8,815 | 2.0 | — |
| 2016 | 167,323 | 167,312 | 11 | 2.0 | — |
| 2017 | 151,958 | 153,193 | −1,235 | 2.1 | — |
| 2018 | 151,224 | 151,042 | 182 | 2.2 | — |
| 2019 | 140,701 | 147,595 | −6,894 | 1.7 | — |
| 2020 | 104,406 | 110,540 | −6,134 | 1.5 | — |
| 2021 | 122,597 | 103,807 | 18,790 | 3.8 | — |
| 2022 | 122,520 | 125,696 | −3,176 | 2.8 | — |
| 2023 | 136,202 | 119,534 | 16,668 | 4.7 | — |
In its most recent public year (2023), this organization brought in $16,668 more than it spent. Its reserves stood at about 4.7 months 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'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