Michigan Civic Education Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 65,358 | 34,365 | 30,993 | 10.8 | — |
| 2019 | 133,128 | 38,057 | 95,071 | 39.8 | — |
| 2020 | 906,018 | 503,353 | 402,665 | 12.6 | 0% |
| 2021 | 2,738,841 | 1,373,652 | 1,365,189 | 16.5 | 0% |
| 2022 | 2,792,470 | 3,663,938 | −871,468 | 3.3 | 0% |
| 2023 | 3,098,136 | 1,307,284 | 1,790,852 | 25.8 | 0% |
In its most recent public year (2023), this organization brought in $1,790,852 more than it spent. Its reserves stood at about 25.8 months of spending, up from 10.8 in 2018. Staff pay was 0% of spending. $1,300,000 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
Michigan Civic Education Fund'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