New York Medical Cannabis Industry Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 104,716 | 104,716 | 0 | 0.0 | — |
| 2019 | 715,000 | 673,130 | 41,870 | 0.7 | 0% |
| 2020 | 650,000 | 277,850 | 372,150 | 17.9 | 0% |
| 2021 | 582,000 | 696,600 | −114,600 | 5.2 | 0% |
| 2022 | 580,000 | 487,298 | 92,702 | 9.7 | 0% |
| 2023 | 567,500 | 592,113 | −24,613 | 7.4 | 0% |
In its most recent public year (2023), this organization spent $24,613 more than it brought in. Its reserves stood at about 7.4 months of spending, up from 0 in 2017. Staff pay was 0% 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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