Minnesota State Bar Association Msba
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 6,654,731 | 6,501,138 | 153,593 | 4.5 | 33% |
| 2013 | 6,625,208 | 6,518,308 | 106,900 | 4.9 | 33% |
| 2014 | 6,593,387 | 6,322,064 | 271,323 | 6.0 | 32% |
| 2015 | 6,331,476 | 6,276,293 | 55,183 | 6.1 | 32% |
| 2016 | 6,354,644 | 6,326,906 | 27,738 | 5.8 | 31% |
| 2017 | 6,860,846 | 6,178,105 | 682,741 | 6.6 | 31% |
| 2018 | 6,279,917 | 6,262,305 | 17,612 | 6.8 | 31% |
| 2019 | 6,070,399 | 6,328,182 | −257,783 | 6.3 | 32% |
| 2020 | 5,909,952 | 5,970,280 | −60,328 | 6.3 | 30% |
| 2021 | 5,629,437 | 5,512,198 | 117,239 | 8.0 | 31% |
| 2022 | 5,816,398 | 5,483,860 | 332,538 | 7.9 | 31% |
| 2023 | 5,490,582 | 5,855,235 | −364,653 | 6.9 | 30% |
| 2024 | 7,080,970 | 5,914,027 | 1,166,943 | 8.6 | 30% |
In its most recent public year (2024), this organization brought in $1,166,943 more than it spent. Its reserves stood at about 8.6 months of spending, up from 4.5 in 2012. Staff pay was 30% 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 2024. 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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