Minnesota Center For Fiscal Excellence
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 398,675 | 386,652 | 12,023 | -0.4 | 66% |
| 2012 | 386,388 | 393,362 | −6,974 | -0.6 | 54% |
| 2013 | 314,977 | 365,280 | −50,303 | -2.3 | 57% |
| 2014 | 373,579 | 352,156 | 21,423 | -1.6 | 61% |
| 2015 | 347,974 | 357,340 | −9,366 | -1.9 | 62% |
| 2016 | 354,434 | 360,538 | −6,104 | -2.1 | 30% |
| 2017 | 389,328 | 380,323 | 9,005 | -1.7 | 29% |
| 2018 | 393,061 | 391,402 | 1,659 | -1.6 | 28% |
| 2019 | 372,942 | 395,800 | −22,858 | -2.3 | 58% |
| 2020 | 366,312 | 369,136 | −2,824 | -2.6 | 60% |
| 2021 | 353,285 | 378,097 | −24,812 | -3.3 | 59% |
| 2022 | 321,064 | 373,108 | −52,044 | -5.0 | 61% |
| 2023 | 334,995 | 399,048 | −64,053 | -6.6 | 61% |
In its most recent public year (2023), this organization spent $64,053 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-6.6 months), down from -0.4 in 2011. Staff pay was 61% 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 Center For Fiscal Excellence'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