Lansing Association For Community Events
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 12,867 | 7,167 | 5,700 | 65.9 | — |
| 2022 | 9,268 | 10,567 | −1,299 | 43.2 | — |
| 2023 | 32,449 | 11,781 | 20,668 | 59.8 | — |
| 2024 | 91,507 | 58,091 | 33,416 | 19.0 | — |
In its most recent public year (2024), this organization brought in $33,416 more than it spent. Its reserves stood at about 19 months of spending, down from 65.9 in 2021.
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 2024. 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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