Michigan Academic Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 91,048 | 56,327 | 34,721 | 18.5 | — |
| 2018 | 98,272 | 76,929 | 21,343 | 16.9 | — |
| 2019 | 101,833 | 72,485 | 29,348 | 22.7 | — |
| 2020 | 55,765 | 45,755 | 10,010 | 38.7 | — |
| 2021 | 80,915 | 49,793 | 31,122 | 43.0 | — |
| 2022 | 76,917 | 50,314 | 26,603 | 48.9 | — |
| 2023 | 85,443 | 63,445 | 21,998 | 43.0 | — |
| 2024 | 101,843 | 93,524 | 8,319 | 30.2 | — |
In its most recent public year (2024), this organization brought in $8,319 more than it spent. Its reserves stood at about 30.2 months of spending, up from 18.5 in 2017.
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
Michigan Academic Library Association's IRS filings as a feed — one entry per filing year, through 2024. 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