Massachusetts Medical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 118,945,296 | 99,323,562 | 19,621,734 | 16.7 | 34% |
| 2012 | 118,538,366 | 106,943,460 | 11,594,906 | 13.2 | 33% |
| 2013 | 118,549,282 | 106,368,773 | 12,180,509 | 17.4 | 34% |
| 2014 | 122,636,568 | 108,548,712 | 14,087,856 | 19.0 | 35% |
| 2015 | 133,781,111 | 113,671,734 | 20,109,377 | 17.8 | 35% |
| 2016 | 135,235,863 | 122,845,528 | 12,390,335 | 16.8 | 35% |
| 2017 | 129,809,306 | 125,913,109 | 3,896,197 | 17.9 | 37% |
| 2018 | 145,878,840 | 134,510,829 | 11,368,011 | 17.5 | 36% |
| 2019 | 135,083,380 | 142,636,840 | −7,553,460 | 14.9 | 36% |
| 2020 | 131,501,375 | 142,729,781 | −11,228,406 | 12.5 | 37% |
| 2021 | 139,442,743 | 137,447,167 | 1,995,576 | 17.4 | 41% |
| 2022 | 157,568,130 | 137,145,677 | 20,422,453 | 16.4 | 41% |
| 2023 | 125,843,070 | 136,334,544 | −10,491,474 | 16.2 | 42% |
In its most recent public year (2023), this organization spent $10,491,474 more than it brought in. Its reserves stood at about 16.2 months of spending. Staff pay was 42% 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 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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