Mississippi Surplus Lines Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,363,373 | 780,565 | 582,808 | 71.1 | 32% |
| 2012 | 1,297,563 | 826,316 | 471,247 | 74.2 | 28% |
| 2013 | 1,295,305 | 786,830 | 508,475 | 86.1 | 31% |
| 2014 | 1,491,905 | 669,263 | 822,642 | 114.7 | 35% |
| 2015 | 1,471,189 | 636,729 | 834,460 | 77.2 | 42% |
| 2016 | 1,140,770 | 671,158 | 469,612 | 86.4 | 42% |
| 2017 | 1,521,170 | 689,475 | 831,695 | 99.8 | 41% |
| 2018 | 1,536,075 | 726,225 | 809,850 | 103.3 | 39% |
| 2019 | 1,792,252 | 793,899 | 998,353 | 115.0 | 38% |
| 2020 | 1,803,984 | 731,737 | 1,072,247 | 123.4 | 43% |
| 2021 | 1,996,666 | 720,643 | 1,276,023 | 153.2 | 39% |
| 2022 | 2,592,835 | 789,976 | 1,802,859 | 153.0 | 34% |
| 2023 | 2,783,567 | 1,014,556 | 1,769,011 | 149.3 | 33% |
In its most recent public year (2023), this organization brought in $1,769,011 more than it spent. Its reserves stood at about 149.3 months of spending, up from 71.1 in 2011. Staff pay was 33% 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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