Minnesota Business Partnership Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,646,507 | 4,777,752 | 868,755 | 7.4 | 34% |
| 2021 | 4,289,848 | 3,750,967 | 538,881 | 11.2 | 42% |
| 2022 | 5,236,296 | 5,144,739 | 91,557 | 8.4 | 31% |
| 2023 | 3,502,641 | 3,489,821 | 12,820 | 12.4 | 46% |
In its most recent public year (2023), this organization brought in $12,820 more than it spent. Its reserves stood at about 12.4 months of spending, up from 7.4 in 2020. Staff pay was 46% 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
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