Southeast Minnesota Bluegrass Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 14,209 | 13,961 | 248 | 53.9 | — |
| 2012 | 7,590 | 13,383 | −5,793 | 51.0 | — |
| 2013 | 23,255 | 9,828 | 13,427 | 83.5 | — |
| 2014 | 19,426 | 10,961 | 8,465 | 82.8 | — |
| 2015 | 21,633 | 12,641 | 8,992 | 80.4 | — |
| 2016 | 14,291 | 12,309 | 1,982 | 84.3 | — |
| 2017 | 11,349 | 10,346 | 1,003 | 105.3 | — |
| 2018 | 10,992 | 13,399 | −2,407 | 80.3 | — |
| 2019 | 17,254 | 11,607 | 5,647 | 100.0 | — |
| 2020 | 8,842 | 7,616 | 1,226 | 153.8 | — |
| 2021 | 22,510 | 8,492 | 14,018 | 169.2 | — |
| 2022 | 9,879 | 9,040 | 839 | 148.1 | — |
| 2023 | 61,531 | 45,257 | 16,274 | 34.4 | — |
In its most recent public year (2023), this organization brought in $16,274 more than it spent. Its reserves stood at about 34.4 months of spending, down from 53.9 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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