Michigan Future Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 51,707 | 11,530 | 40,177 | 363.0 | — |
| 2012 | 25,391 | 13,503 | 11,888 | 322.9 | — |
| 2013 | 28,168 | 8,853 | 19,315 | 524.7 | — |
| 2014 | 55,033 | 18,843 | 36,190 | 276.4 | — |
| 2015 | 36,461 | 30,685 | 5,776 | 160.5 | — |
| 2016 | 22,589 | 60,033 | −37,444 | 77.1 | — |
| 2017 | 30,727 | 65,886 | −35,159 | 68.3 | — |
| 2018 | 43,911 | 41,137 | 2,774 | 111.0 | — |
| 2019 | 35,956 | 37,168 | −1,212 | 119.9 | — |
| 2020 | 31,084 | 31,907 | −823 | 143.8 | — |
| 2021 | 36,403 | 35,845 | 558 | 139.0 | 0% |
| 2022 | 8,898 | 14,228 | −5,330 | 308.8 | 0% |
| 2023 | 15,144 | 14,416 | 728 | 318.3 | — |
In its most recent public year (2023), this organization brought in $728 more than it spent. Its reserves stood at about 318.3 months of spending, down from 363 in 2011.
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
Michigan Future Foundation'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