Minnesota Section Institute Of Food Technologists
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 111,516 | 87,080 | 24,436 | 83.6 | 0% |
| 2012 | 135,969 | 120,109 | 15,860 | 64.8 | 0% |
| 2013 | 119,459 | 99,897 | 19,562 | 73.8 | 0% |
| 2014 | 122,138 | 93,006 | 29,132 | 81.0 | 0% |
| 2015 | 117,098 | 105,154 | 11,944 | 73.0 | 0% |
| 2016 | 123,590 | 85,346 | 38,244 | 95.3 | 0% |
| 2017 | 123,274 | 90,710 | 32,564 | 93.9 | 0% |
| 2018 | 163,233 | 112,698 | 50,535 | 81.0 | 0% |
| 2019 | 133,470 | 127,248 | 6,222 | 72.3 | 0% |
| 2020 | 81,176 | 72,570 | 8,606 | 128.2 | 0% |
| 2021 | 63,514 | 18,213 | 45,301 | 540.8 | 0% |
| 2022 | 114,580 | 60,890 | 53,690 | 172.4 | 0% |
| 2023 | 129,517 | 81,549 | 47,968 | 135.7 | 0% |
| 2024 | 88,668 | 88,097 | 571 | 125.7 | 0% |
In its most recent public year (2024), this organization brought in $571 more than it spent. Its reserves stood at about 125.7 months of spending, up from 83.6 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 2024. 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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