Michigan Vipassana Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 82,181 | 58,457 | 23,724 | 19.5 | — |
| 2016 | 68,811 | 55,689 | 13,122 | 23.3 | — |
| 2017 | 54,873 | 49,520 | 5,353 | 27.5 | — |
| 2018 | 72,441 | 51,612 | 20,829 | 31.2 | — |
| 2019 | 58,778 | 49,359 | 9,419 | 35.0 | — |
| 2020 | 44,021 | 24,590 | 19,431 | 79.6 | — |
In its most recent public year (2020), this organization brought in $19,431 more than it spent. Its reserves stood at about 79.6 months of spending, up from 19.5 in 2015.
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 2020. 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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