Minnesota State College Faculty
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 3,654,647 | 3,551,482 | 103,165 | 5.8 | 1% |
| 2013 | 3,619,480 | 3,563,743 | 55,737 | 6.0 | 1% |
| 2014 | 3,670,770 | 3,627,253 | 43,517 | 6.0 | 1% |
| 2015 | 3,629,211 | 3,684,856 | −55,645 | 5.8 | 1% |
| 2016 | 3,602,566 | 3,587,111 | 15,455 | 6.0 | 1% |
| 2017 | 3,536,350 | 3,581,551 | −45,201 | 5.8 | 1% |
| 2018 | 3,525,571 | 3,543,785 | −18,214 | 5.8 | 0% |
| 2019 | 2,915,822 | 3,074,845 | −159,023 | 6.1 | 1% |
| 2020 | 3,086,946 | 3,051,817 | 35,129 | 6.3 | 1% |
| 2021 | 2,873,547 | 3,034,586 | −161,039 | 5.7 | 1% |
| 2022 | 2,883,607 | 2,599,307 | 284,300 | 7.9 | 0% |
| 2023 | 2,741,954 | 2,763,205 | −21,251 | 7.4 | 1% |
In its most recent public year (2023), this organization spent $21,251 more than it brought in. Its reserves stood at about 7.4 months of spending, up from 5.8 in 2012. Staff pay was 1% 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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