Minnesota Harness Racing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2008 | 171,052 | 170,589 | 463 | 0.2 | — |
| 2009 | 231,449 | 211,558 | 19,891 | 1.7 | — |
| 2010 | 421,152 | 394,518 | 26,634 | 1.7 | 18% |
| 2011 | 323,520 | 318,875 | 4,645 | 2.3 | 10% |
| 2013 | 421,922 | 417,997 | 3,925 | 1.1 | 12% |
| 2014 | 405,071 | 427,941 | −22,870 | 0.4 | 12% |
| 2015 | 443,811 | 345,618 | 98,193 | 3.9 | 14% |
| 2016 | 372,963 | 346,238 | 26,725 | 4.8 | 16% |
| 2017 | 354,713 | 324,478 | 30,235 | 6.3 | 0% |
| 2018 | 266,233 | 365,564 | −99,331 | 2.3 | 0% |
| 2019 | 494,660 | 481,190 | 13,470 | 2.1 | 10% |
| 2020 | 464,778 | 463,203 | 1,575 | 2.2 | 13% |
| 2021 | 462,180 | 422,804 | 39,376 | 3.5 | 9% |
| 2022 | 549,725 | 519,118 | 30,607 | 3.6 | 11% |
| 2023 | 439,027 | 361,794 | 77,233 | 7.7 | 11% |
In its most recent public year (2023), this organization brought in $77,233 more than it spent. Its reserves stood at about 7.7 months of spending, up from 0.2 in 2008. Staff pay was 11% 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 Harness Racing Inc'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