Lgbt Detroit
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 144,411 | 148,524 | −4,113 | 2.8 | — |
| 2012 | 196,781 | 171,705 | 25,076 | 4.2 | — |
| 2013 | 220,644 | 211,718 | 8,926 | 3.9 | 52% |
| 2014 | 256,037 | 247,875 | 8,162 | 3.7 | 42% |
| 2015 | 177,116 | 167,965 | 9,151 | 5.5 | 36% |
| 2016 | 309,231 | 272,452 | 36,779 | 6.1 | 30% |
| 2017 | 212,069 | 267,399 | −55,330 | 3.7 | 43% |
| 2018 | 371,123 | 281,807 | 89,316 | 7.3 | 53% |
| 2019 | 382,085 | 387,506 | −5,421 | 5.2 | 41% |
| 2020 | 610,853 | 500,001 | 110,852 | 6.9 | 54% |
| 2021 | 500,803 | 501,904 | −1,101 | 6.8 | 59% |
| 2022 | 965,294 | 989,420 | −24,126 | 3.2 | 70% |
| 2023 | 738,871 | 1,058,388 | −319,517 | 2.0 | 75% |
In its most recent public year (2023), this organization spent $319,517 more than it brought in. Its reserves stood at about 2 months of spending. Staff pay was 75% of spending.
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
Lgbt Detroit'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