Machinists Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 324,378 | 39,918 | 284,460 | 85.5 | 57% |
| 2020 | 523,113 | 312,695 | 210,418 | 19.0 | 67% |
| 2021 | 2,837,066 | 1,788,204 | 1,048,862 | 10.5 | 25% |
| 2022 | 5,139,039 | 3,266,592 | 1,872,447 | 12.1 | 33% |
| 2023 | 8,257,650 | 4,302,560 | 3,955,090 | 20.6 | 39% |
In its most recent public year (2023), this organization brought in $3,955,090 more than it spent. Its reserves stood at about 20.6 months of spending, down from 85.5 in 2019. Staff pay was 39% 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
Machinists Institute'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