Mississippi Municipal Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,307,767 | 1,267,289 | 40,478 | 24.8 | 34% |
| 2021 | 1,835,949 | 1,681,888 | 154,061 | 19.7 | 25% |
| 2022 | 2,072,518 | 1,947,199 | 125,319 | 16.6 | 24% |
| 2023 | 2,237,021 | 2,096,526 | 140,495 | 16.1 | 23% |
In its most recent public year (2023), this organization brought in $140,495 more than it spent. Its reserves stood at about 16.1 months of spending, down from 24.8 in 2020. Staff pay was 23% 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
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