Minnesota Genealogical Society Group Return
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 67,951 | 59,952 | 7,999 | 24.7 | 0% |
| 2012 | 34,468 | 28,746 | 5,722 | 14.6 | 0% |
| 2013 | 27,226 | 23,192 | 4,034 | 20.2 | 0% |
| 2014 | 34,384 | 27,140 | 7,244 | 20.5 | 0% |
| 2015 | 37,349 | 32,424 | 4,925 | 19.0 | 0% |
| 2016 | 31,406 | 27,793 | 3,613 | 23.7 | 0% |
| 2017 | 37,917 | 34,685 | 3,232 | 20.1 | 0% |
| 2018 | 31,577 | 31,289 | 288 | 22.4 | 0% |
| 2019 | 33,504 | 34,811 | −1,307 | 19.7 | 0% |
| 2020 | 29,019 | 23,473 | 5,546 | 32.0 | 0% |
| 2021 | 32,371 | 25,458 | 6,913 | 32.8 | 0% |
| 2022 | 25,517 | 23,488 | 2,029 | 36.5 | 0% |
| 2023 | 46,168 | 40,967 | 5,201 | 22.5 | 0% |
In its most recent public year (2023), this organization brought in $5,201 more than it spent. Its reserves stood at about 22.5 months of spending, down from 24.7 in 2011. Staff pay was 0% 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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