Grand Rapids Media Initiative And Film Incubator
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 674,959 | 393,813 | 281,146 | 8.6 | 0% |
| 2022 | 56,222 | 264,445 | −208,223 | 3.4 | — |
| 2023 | 65,602 | 80,854 | −15,252 | 5.2 | — |
In its most recent public year (2023), this organization spent $15,252 more than it brought in. Its reserves stood at about 5.2 months of spending, down from 8.6 in 2021.
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
Grand Rapids Media Initiative And Film Incubator'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