Midfield Institute Of Cosmetology
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 146,759 | 118,989 | 27,770 | 0.0 | — |
| 2011 | 182,657 | 173,365 | 9,292 | 1.6 | — |
| 2012 | 111,219 | 109,319 | 1,900 | 2.7 | — |
| 2013 | 103,998 | 99,499 | 4,499 | 3.8 | — |
| 2014 | 95,820 | 95,017 | 803 | 4.1 | — |
| 2015 | 83,871 | 83,248 | 623 | 4.8 | — |
| 2016 | 107,182 | 106,293 | 889 | 3.8 | — |
| 2017 | 121,661 | 118,580 | 3,081 | 4.2 | — |
| 2018 | 176,218 | 170,755 | 5,463 | 3.3 | — |
| 2019 | 353,199 | 337,202 | 15,997 | 2.3 | 13% |
| 2020 | 430,542 | 347,084 | 83,458 | 5.1 | 29% |
| 2021 | 464,865 | 391,431 | 73,434 | 6.8 | 28% |
| 2022 | 426,567 | 310,640 | 115,927 | 11.9 | 39% |
| 2023 | 161,867 | 361,476 | −199,609 | 3.6 | 38% |
In its most recent public year (2023), this organization spent $199,609 more than it brought in. Its reserves stood at about 3.6 months of spending, up from 0 in 2010. Staff pay was 38% 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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