Associated Industries Of Massachusetts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,041,025 | 6,074,550 | −33,525 | 14.8 | 60% |
| 2021 | 6,472,920 | 5,917,042 | 555,878 | 16.9 | 63% |
| 2022 | 6,522,715 | 5,713,906 | 808,809 | 16.5 | 64% |
| 2023 | 6,090,457 | 5,959,409 | 131,048 | 17.6 | 69% |
In its most recent public year (2023), this organization brought in $131,048 more than it spent. Its reserves stood at about 17.6 months of spending, up from 14.8 in 2020. Staff pay was 69% of spending. $100,000 of its net assets are donor-restricted.
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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