Southwest Minnesota Private Industry Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,606,038 | 4,441,403 | 164,635 | 2.1 | 40% |
| 2012 | 3,743,807 | 3,726,244 | 17,563 | 2.5 | 42% |
| 2013 | 4,056,430 | 4,044,189 | 12,241 | 2.4 | 36% |
| 2014 | 3,187,169 | 3,200,457 | −13,288 | 3.0 | 43% |
| 2015 | 3,064,103 | 3,075,811 | −11,708 | 3.0 | 45% |
| 2016 | 2,832,190 | 2,791,284 | 40,906 | 3.5 | 47% |
| 2017 | 3,063,223 | 2,991,981 | 71,242 | 3.6 | 47% |
| 2018 | 3,477,010 | 3,464,285 | 12,725 | 3.1 | 42% |
| 2019 | 3,343,613 | 3,281,738 | 61,875 | 3.5 | 47% |
| 2020 | 3,325,535 | 3,283,440 | 42,095 | 3.7 | 46% |
| 2021 | 3,271,504 | 3,152,433 | 119,071 | 4.3 | 43% |
| 2022 | 3,360,969 | 3,255,163 | 105,806 | 4.5 | 45% |
| 2023 | 3,394,838 | 3,391,072 | 3,766 | 4.4 | 42% |
In its most recent public year (2023), this organization brought in $3,766 more than it spent. Its reserves stood at about 4.4 months of spending, up from 2.1 in 2011. Staff pay was 42% of spending. $196,762 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
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