Minnesota Medical Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,344,700 | 4,252,516 | 92,184 | 16.0 | 1% |
| 2012 | 4,376,805 | 4,205,455 | 171,350 | 17.3 | 1% |
| 2013 | 4,461,229 | 4,289,763 | 171,466 | 18.8 | 1% |
| 2014 | 5,134,265 | 4,560,485 | 573,780 | 17.9 | 1% |
| 2015 | 4,270,534 | 4,493,682 | −223,148 | 16.2 | 1% |
| 2016 | 2,922,982 | 5,043,170 | −2,120,188 | 10.1 | 1% |
| 2017 | 20,835,867 | 4,567,093 | 16,268,774 | 54.8 | 1% |
| 2018 | 3,320,588 | 3,592,558 | −271,970 | 63.5 | 1% |
| 2019 | 3,310,200 | 3,204,544 | 105,656 | 80.9 | 1% |
| 2020 | 2,816,910 | 3,064,632 | −247,722 | 90.1 | 1% |
| 2021 | 4,234,850 | 3,126,543 | 1,108,307 | 95.5 | 1% |
| 2022 | 4,207,576 | 3,250,395 | 957,181 | 75.8 | 57% |
| 2023 | 3,194,571 | 3,457,111 | −262,540 | 75.6 | 56% |
In its most recent public year (2023), this organization spent $262,540 more than it brought in. Its reserves stood at about 75.6 months of spending, up from 16 in 2011. Staff pay was 56% 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
Minnesota Medical Association'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