Michigan Air Guard Historical Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 77,131 | 57,095 | 20,036 | 26.3 | — |
| 2012 | 62,280 | 103,042 | −40,762 | 9.8 | — |
| 2013 | 64,111 | 63,608 | 503 | 16.0 | — |
| 2014 | 59,101 | 86,492 | −27,391 | 8.0 | — |
| 2015 | 66,884 | 56,193 | 10,691 | 20.5 | — |
| 2016 | 60,936 | 59,392 | 1,544 | 19.7 | — |
| 2017 | 58,615 | 67,331 | −8,716 | 15.8 | — |
| 2018 | 63,694 | 66,835 | −3,141 | 15.3 | — |
| 2019 | 86,185 | 55,716 | 30,469 | 25.0 | — |
| 2020 | 102,502 | 83,907 | 18,595 | 19.2 | — |
| 2021 | 176,219 | 193,697 | −17,478 | 7.3 | — |
| 2022 | 133,553 | 126,295 | 7,258 | 11.8 | — |
| 2023 | 158,569 | 124,548 | 34,021 | 22.7 | — |
In its most recent public year (2023), this organization brought in $34,021 more than it spent. Its reserves stood at about 22.7 months of spending, down from 26.3 in 2011.
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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