Michigan Harness Horsemans Assn
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 507,933 | 675,657 | −167,724 | 3.4 | 18% |
| 2012 | 379,037 | 423,024 | −43,987 | 4.1 | 28% |
| 2013 | 615,667 | 502,776 | 112,891 | 6.2 | 20% |
| 2014 | 270,820 | 384,579 | −113,759 | 4.5 | 21% |
| 2015 | 554,650 | 649,179 | −94,529 | 0.9 | 11% |
| 2016 | 241,166 | 178,424 | 62,742 | 7.6 | 0% |
| 2017 | 219,310 | 199,140 | 20,170 | 8.1 | 0% |
| 2018 | 269,978 | 225,777 | 44,201 | 9.5 | 0% |
| 2019 | 270,482 | 219,322 | 51,160 | 12.5 | 0% |
| 2020 | 190,339 | 239,153 | −48,814 | 9.0 | 0% |
| 2021 | 248,250 | 259,513 | −11,263 | 7.8 | 0% |
| 2022 | 294,620 | 335,185 | −40,565 | 4.6 | 0% |
| 2023 | 460,537 | 407,929 | 52,608 | 9.8 | 0% |
In its most recent public year (2023), this organization brought in $52,608 more than it spent. Its reserves stood at about 9.8 months of spending, up from 3.4 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 Harness Horsemans Assn'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