Massachusetts Bankers Association Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $5,363,741 | $4,802,072 | $561,669 | 27.8 | 62% |
| 2021 | $6,144,783 | $5,358,359 | $786,424 | 28.6 | 51% |
| 2022 | $16,257,627 | $6,818,675 | $9,438,952 | 36.6 | 50% |
| 2023 | $7,749,904 | $7,004,460 | $745,444 | 39.3 | 43% |
In its most recent public year (2023), this organization brought in $745,444 more than it spent. Its reserves stood at about 39.3 months of spending, up from 27.8 in 2020. Staff pay was 43% of spending. $113,095 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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