Aerospace Industry Association Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 58,335 | 42,418 | 15,917 | 4.5 | — |
| 2018 | 238,490 | 191,281 | 47,209 | 3.6 | 58% |
| 2019 | 268,979 | 312,361 | −43,382 | 0.6 | 60% |
| 2020 | 278,173 | 285,474 | −7,301 | 0.3 | 63% |
| 2021 | 344,538 | 322,022 | 22,516 | 1.1 | 61% |
| 2022 | 528,744 | 452,115 | 76,629 | 2.8 | 64% |
| 2023 | 652,751 | 594,522 | 58,229 | 3.9 | 52% |
In its most recent public year (2023), this organization brought in $58,229 more than it spent. Its reserves stood at about 3.9 months of spending. Staff pay was 52% 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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