Mill City Grows Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 519,159 | 251,123 | 268,036 | 12.8 | 65% |
| 2016 | 769,607 | 668,920 | 100,687 | 6.6 | 63% |
| 2017 | 1,004,887 | 901,467 | 103,420 | 6.3 | 64% |
| 2018 | 1,294,026 | 1,016,896 | 277,130 | 8.8 | 15% |
| 2019 | 1,504,926 | 1,004,751 | 500,175 | 14.9 | 65% |
| 2020 | 1,210,191 | 1,160,843 | 49,348 | 13.4 | 67% |
| 2021 | 1,537,965 | 1,412,552 | 125,413 | 12.1 | 60% |
| 2022 | 1,529,343 | 1,637,451 | −108,108 | 9.6 | 65% |
| 2023 | 1,793,345 | 1,647,643 | 145,702 | 10.6 | 64% |
In its most recent public year (2023), this organization brought in $145,702 more than it spent. Its reserves stood at about 10.6 months of spending, down from 12.8 in 2015. Staff pay was 64% of spending. $232,736 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
Mill City Grows 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