Michigan Morgan Horse Breeders Futurity
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 85,715 | 83,721 | 1,994 | 12.5 | — |
| 2012 | 86,019 | 88,992 | −2,973 | 11.4 | — |
| 2013 | 51,428 | 65,423 | −13,995 | 12.9 | — |
| 2014 | 75,495 | 65,322 | 10,173 | 14.8 | — |
| 2015 | 70,618 | 57,701 | 12,917 | 19.5 | — |
| 2016 | 73,423 | 64,760 | 8,663 | 18.9 | — |
| 2017 | 95,250 | 72,392 | 22,858 | 20.7 | — |
| 2018 | 89,451 | 82,285 | 7,166 | 19.3 | — |
| 2019 | 84,551 | 84,332 | 219 | 18.9 | — |
| 2020 | 99,711 | 81,641 | 18,070 | 22.1 | — |
| 2021 | 116,096 | 92,422 | 23,674 | 22.6 | — |
| 2022 | 138,972 | 101,518 | 37,454 | 25.0 | — |
| 2023 | 128,591 | 100,567 | 28,024 | 28.6 | — |
| 2024 | 124,950 | 117,384 | 7,566 | 25.3 | — |
In its most recent public year (2024), this organization brought in $7,566 more than it spent. Its reserves stood at about 25.3 months of spending, up from 12.5 in 2011.
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 2024. 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 Morgan Horse Breeders Futurity's IRS filings as a feed — one entry per filing year, through 2024. 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