Milwaukee Area Cement Masons Joint Apprenticeship & Training Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 244,463 | 193,511 | 50,952 | 39.5 | 11% |
| 2021 | 271,284 | 226,118 | 45,166 | 36.2 | 15% |
| 2022 | 261,664 | 224,567 | 37,097 | 38.4 | 34% |
| 2023 | 324,202 | 246,631 | 77,571 | 38.7 | 31% |
In its most recent public year (2023), this organization brought in $77,571 more than it spent. Its reserves stood at about 38.7 months of spending. Staff pay was 31% 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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