Michaels Cause Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 99,324 | 4,096 | 95,228 | 283.0 | 0% |
| 2013 | 177,547 | 184,634 | −7,087 | 5.8 | 0% |
| 2014 | 325,763 | 260,954 | 64,809 | 7.1 | 0% |
| 2015 | 348,376 | 242,985 | 105,391 | 12.8 | 0% |
| 2016 | 350,114 | 306,344 | 43,770 | 11.9 | 0% |
| 2017 | 418,825 | 341,354 | 77,471 | 13.4 | 0% |
| 2018 | 544,351 | 126,953 | 417,398 | 75.5 | 0% |
| 2019 | 587,741 | 273,725 | 314,016 | 48.8 | 0% |
| 2020 | 150,717 | 343,964 | −193,247 | 32.1 | 0% |
| 2021 | 339,649 | 296,821 | 42,828 | 38.9 | 0% |
| 2022 | 317,540 | 259,276 | 58,264 | 47.2 | 0% |
| 2023 | 340,350 | 509,637 | −169,287 | 20.0 | 0% |
In its most recent public year (2023), this organization spent $169,287 more than it brought in. Its reserves stood at about 20 months of spending, down from 283 in 2012. 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
Michaels Cause Inc'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