Michigan Humanities Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,291,895 | 1,267,210 | 24,685 | 3.3 | 24% |
| 2012 | 1,137,834 | 1,299,707 | −161,873 | 6.3 | 29% |
| 2013 | 1,151,863 | 1,346,340 | −194,477 | 4.4 | 30% |
| 2014 | 2,976,957 | 1,274,382 | 1,702,575 | 20.7 | 30% |
| 2015 | 1,264,298 | 1,617,351 | −353,053 | 13.7 | 26% |
| 2016 | 1,253,390 | 1,948,222 | −694,832 | 7.1 | 20% |
| 2017 | 1,679,751 | 1,353,996 | 325,755 | 13.1 | 29% |
| 2018 | 1,445,795 | 1,581,592 | −135,797 | 10.2 | 27% |
| 2019 | 1,368,448 | 1,644,312 | −275,864 | 7.8 | 26% |
| 2020 | 2,474,215 | 2,133,923 | 340,292 | 7.9 | 22% |
| 2021 | 2,548,082 | 2,489,781 | 58,301 | 7.0 | 17% |
| 2022 | 1,471,188 | 1,680,496 | −209,308 | 8.9 | 26% |
| 2023 | 1,990,182 | 2,053,418 | −63,236 | 7.0 | 26% |
In its most recent public year (2023), this organization spent $63,236 more than it brought in. Its reserves stood at about 7 months of spending, up from 3.3 in 2011. Staff pay was 26% of spending. $785,710 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
Michigan Humanities Council'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