Iron Mining Association Of Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 603,651 | 495,421 | 108,230 | 13.4 | 2% |
| 2012 | 462,207 | 567,396 | −105,189 | 9.5 | 9% |
| 2013 | 531,957 | 495,315 | 36,642 | 11.7 | 9% |
| 2014 | 641,094 | 723,673 | −82,579 | 6.6 | 7% |
| 2015 | 556,764 | 599,357 | −42,593 | 7.1 | 9% |
| 2016 | 568,429 | 563,091 | 5,338 | 7.7 | 15% |
| 2017 | 695,156 | 680,560 | 14,596 | 6.6 | 26% |
| 2018 | 688,378 | 723,325 | −34,947 | 5.7 | 26% |
| 2019 | 721,652 | 769,502 | −47,850 | 4.6 | 24% |
| 2020 | 615,801 | 623,397 | −7,596 | 5.5 | 22% |
| 2021 | 422,124 | 389,653 | 32,471 | 9.8 | 42% |
| 2022 | 383,976 | 400,592 | −16,616 | 9.0 | 38% |
| 2023 | 351,678 | 383,286 | −31,608 | 8.5 | 32% |
In its most recent public year (2023), this organization spent $31,608 more than it brought in. Its reserves stood at about 8.5 months of spending, down from 13.4 in 2011. Staff pay was 32% 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
Iron Mining Association Of Minnesota'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