Massachusetts Medical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 67,003 | 27,823 | 39,180 | 94.0 | — |
| 2012 | 76,124 | 26,997 | 49,127 | 118.7 | — |
| 2013 | 119,209 | 37,444 | 81,765 | 111.8 | — |
| 2014 | 114,322 | 45,277 | 69,045 | 110.7 | — |
| 2015 | 110,629 | 49,345 | 61,284 | 116.5 | — |
| 2016 | 87,078 | 82,329 | 4,749 | 70.5 | — |
| 2017 | 97,358 | 94,747 | 2,611 | 61.6 | — |
| 2018 | 81,497 | 79,693 | 1,804 | 73.5 | — |
| 2019 | 73,088 | 125,977 | −52,889 | 41.5 | — |
| 2020 | 73,878 | 33,719 | 40,159 | 169.2 | 0% |
| 2021 | 78,582 | 12,656 | 65,926 | 513.4 | 0% |
| 2022 | 68,645 | 70,885 | −2,240 | 91.3 | 0% |
| 2023 | 82,974 | 79,984 | 2,990 | 81.4 | 0% |
In its most recent public year (2023), this organization brought in $2,990 more than it spent. Its reserves stood at about 81.4 months of spending, down from 94 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 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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