Massachusetts Medical Device Industry Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 772,431 | 814,556 | −42,125 | 3.9 | 52% |
| 2012 | 848,784 | 813,740 | 35,044 | 4.4 | 55% |
| 2013 | 941,845 | 912,529 | 29,316 | 4.6 | 50% |
| 2014 | 978,758 | 1,025,437 | −46,679 | 3.6 | 51% |
| 2015 | 822,210 | 839,237 | −17,027 | 3.9 | 54% |
| 2016 | 841,352 | 793,892 | 47,460 | 5.0 | 53% |
| 2017 | 806,475 | 809,015 | −2,540 | 5.1 | 53% |
| 2018 | 838,878 | 898,391 | −59,513 | 3.3 | 59% |
| 2019 | 1,124,546 | 899,917 | 224,629 | 7.1 | 53% |
| 2020 | 1,043,876 | 949,403 | 94,473 | 8.2 | 58% |
| 2021 | 1,112,983 | 958,140 | 154,843 | 10.7 | 58% |
| 2022 | 1,513,923 | 1,398,043 | 115,880 | 7.7 | 60% |
| 2023 | 1,668,410 | 1,867,323 | −198,913 | 4.7 | 53% |
In its most recent public year (2023), this organization spent $198,913 more than it brought in. Its reserves stood at about 4.7 months of spending. Staff pay was 53% 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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