Insurance Federation Of Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 704,894 | 683,358 | 21,536 | 7.9 | 60% |
| 2012 | 687,721 | 671,946 | 15,775 | 8.3 | 63% |
| 2013 | 750,238 | 739,960 | 10,278 | 7.7 | 57% |
| 2014 | 756,836 | 802,319 | −45,483 | 6.5 | 56% |
| 2015 | 790,930 | 812,822 | −21,892 | 6.1 | 59% |
| 2016 | 853,614 | 864,157 | −10,543 | 5.6 | 53% |
| 2017 | 665,050 | 643,869 | 21,181 | 7.8 | 67% |
| 2018 | 802,201 | 724,137 | 78,064 | 8.3 | 55% |
| 2019 | 690,275 | 723,197 | −32,922 | 7.7 | 63% |
| 2020 | 773,141 | 878,866 | −105,725 | 4.9 | 59% |
| 2021 | 741,101 | 673,054 | 68,047 | 7.6 | 56% |
| 2022 | 792,311 | 744,874 | 47,437 | 7.3 | 68% |
| 2023 | 804,252 | 750,504 | 53,748 | 8.8 | 69% |
In its most recent public year (2023), this organization brought in $53,748 more than it spent. Its reserves stood at about 8.8 months of spending. Staff pay was 69% 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
Insurance Federation Of Minnesota'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