1 Michigan For The Global Majority Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 369,414 | 353,657 | 15,757 | 1.1 | 0% |
| 2022 | 71,823 | 76,683 | −4,860 | 6.9 | — |
| 2023 | 96,153 | 66,351 | 29,802 | 13.4 | — |
In its most recent public year (2023), this organization brought in $29,802 more than it spent. Its reserves stood at about 13.4 months of spending, up from 1.1 in 2020.
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
1 Michigan For The Global Majority Inc'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