Upper Midwest Law Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 353,031 | 228,393 | 124,638 | 6.5 | 52% |
| 2020 | 439,972 | 372,093 | 67,879 | 6.2 | 56% |
| 2021 | 721,675 | 587,908 | 133,767 | 6.7 | 51% |
| 2022 | 742,990 | 758,324 | −15,334 | 4.8 | 51% |
| 2023 | 1,043,528 | 911,272 | 132,256 | 5.8 | 55% |
In its most recent public year (2023), this organization brought in $132,256 more than it spent. Its reserves stood at about 5.8 months of spending. Staff pay was 55% 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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