Michigan Science Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 3,773,052 | 621,269 | 3,151,783 | 61.1 | 21% |
| 2013 | 5,368,961 | 4,395,405 | 973,556 | 11.6 | 37% |
| 2014 | 4,870,041 | 4,714,288 | 155,753 | 11.2 | 42% |
| 2015 | 4,210,270 | 5,180,090 | −969,820 | 8.0 | 42% |
| 2016 | 6,194,356 | 5,138,177 | 1,056,179 | 10.6 | 41% |
| 2017 | 4,478,009 | 5,632,496 | −1,154,487 | 7.2 | 36% |
| 2018 | 3,606,541 | 3,884,393 | −277,852 | 9.6 | 37% |
| 2019 | 4,218,707 | 4,067,635 | 151,072 | 9.6 | 42% |
| 2020 | 3,064,273 | 3,160,458 | −96,185 | 11.9 | 44% |
| 2021 | 4,198,270 | 4,373,547 | −175,277 | 8.2 | 30% |
| 2022 | 5,024,963 | 4,322,227 | 702,736 | 10.4 | 35% |
| 2023 | 6,623,535 | 5,883,138 | 740,397 | 9.1 | 38% |
In its most recent public year (2023), this organization brought in $740,397 more than it spent. Its reserves stood at about 9.1 months of spending, down from 61.1 in 2012. Staff pay was 38% of spending. $862,441 of its net assets are donor-restricted.
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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