Minnesota Palomino Horse Exhibitors Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 43,048 | 50,241 | −7,193 | 3.9 | — |
| 2012 | 47,410 | 44,519 | 2,891 | 5.2 | — |
| 2013 | 48,165 | 47,487 | 678 | 4.4 | — |
| 2014 | 51,142 | 45,819 | 5,323 | 6.0 | — |
| 2015 | 48,725 | 44,638 | 4,087 | 7.3 | — |
| 2016 | 59,922 | 53,419 | 6,503 | 7.5 | — |
| 2017 | 44,270 | 39,630 | 4,640 | 11.5 | — |
| 2018 | 49,956 | 52,538 | −2,582 | 8.1 | — |
| 2019 | 40,824 | 44,959 | −4,135 | 10.9 | — |
| 2020 | 1,834 | 4,497 | −2,663 | 101.8 | — |
| 2021 | 36,781 | 41,234 | −4,453 | 9.8 | — |
| 2022 | 32,230 | 40,176 | −7,946 | 7.7 | — |
| 2023 | 47,105 | 48,503 | −1,398 | 6.0 | — |
In its most recent public year (2023), this organization spent $1,398 more than it brought in. Its reserves stood at about 6 months of spending, up from 3.9 in 2011.
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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