Massachusetts Medical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 55,265 | 50,691 | 4,574 | 30.3 | — |
| 2014 | 58,892 | 50,938 | 7,954 | 36.0 | — |
| 2015 | 49,549 | 63,187 | −13,638 | 28.4 | — |
| 2016 | 58,639 | 47,045 | 11,594 | 41.0 | — |
| 2017 | 52,470 | 53,231 | −761 | 39.9 | — |
| 2018 | 57,619 | 60,633 | −3,014 | 37.6 | — |
| 2019 | 60,309 | 62,377 | −2,068 | 38.3 | — |
| 2020 | 63,302 | 89,761 | −26,459 | 20.7 | — |
| 2021 | 65,127 | 53,674 | 11,453 | 49.9 | — |
| 2022 | 66,736 | 69,882 | −3,146 | 42.6 | — |
| 2023 | 53,978 | 45,534 | 8,444 | 54.1 | — |
In its most recent public year (2023), this organization brought in $8,444 more than it spent. Its reserves stood at about 54.1 months of spending, up from 30.3 in 2013.
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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