Greater Minneapolis Council Of Churches
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,074,231 | 1,323,522 | −249,291 | 18.2 | 35% |
| 2020 | 2,753,106 | 2,654,395 | 98,711 | 10.1 | 26% |
| 2021 | 2,187,917 | 1,561,205 | 626,712 | 22.1 | 32% |
| 2022 | 1,437,450 | 1,650,651 | −213,201 | 19.1 | 36% |
| 2023 | 1,293,979 | 1,653,587 | −359,608 | 16.5 | 50% |
In its most recent public year (2023), this organization spent $359,608 more than it brought in. Its reserves stood at about 16.5 months of spending, down from 18.2 in 2019. Staff pay was 50% of spending. $1,034,794 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
Greater Minneapolis Council Of Churches'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