Foundation Of The Minnesota Medical Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 213,789 | 352,233 | −138,444 | 51.8 | 46% |
| 2012 | 116,943 | 333,302 | −216,359 | 47.2 | 44% |
| 2013 | 137,188 | 198,681 | −61,493 | 81.2 | 74% |
| 2014 | 212,144 | 302,466 | −90,322 | 50.8 | 48% |
| 2015 | 233,365 | 259,055 | −25,690 | 54.2 | 59% |
| 2016 | 222,400 | 164,970 | 57,430 | 92.7 | 74% |
| 2017 | 133,291 | 69,142 | 64,149 | 242.5 | 19% |
| 2018 | 235,500 | 176,052 | 59,448 | 93.6 | 64% |
| 2019 | 137,745 | 169,009 | −31,264 | 107.1 | 79% |
| 2020 | 210,681 | 125,215 | 85,466 | 153.9 | 43% |
| 2021 | 303,546 | 100,381 | 203,165 | 228.2 | 60% |
| 2022 | 179,890 | 105,348 | 74,542 | 195.0 | 36% |
| 2023 | 294,735 | 190,647 | 104,088 | 121.8 | 32% |
In its most recent public year (2023), this organization brought in $104,088 more than it spent. Its reserves stood at about 121.8 months of spending, up from 51.8 in 2011. Staff pay was 32% of spending. $546,008 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
Foundation Of The Minnesota Medical Association's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works