Mechanical Industry Promotion Fund Of Kentucky
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 477,791 | 234,906 | 242,885 | 12.4 | 0% |
| 2017 | 448,765 | 349,073 | 99,692 | 11.8 | 0% |
| 2018 | 559,283 | 380,938 | 178,345 | 16.4 | 0% |
| 2019 | 639,958 | 427,999 | 211,959 | 20.5 | 0% |
| 2020 | 507,073 | 539,492 | −32,419 | 15.6 | 0% |
| 2021 | 542,987 | 410,658 | 132,329 | 24.3 | 0% |
| 2022 | 620,903 | 433,836 | 187,067 | 28.2 | 0% |
| 2023 | 789,463 | 523,246 | 266,217 | 29.5 | 0% |
In its most recent public year (2023), this organization brought in $266,217 more than it spent. Its reserves stood at about 29.5 months of spending, up from 12.4 in 2016. Staff pay was 0% of spending. $1,286,073 of its net assets are donor-restricted.
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
Mechanical Industry Promotion Fund Of Kentucky's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works