Michael James Jackson Foundation For Brewing And Distilling
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 376,285 | 97,538 | 278,747 | 41.3 | 0% |
| 2022 | 225,330 | 57,707 | 167,623 | 111.9 | 0% |
| 2023 | 171,282 | 178,145 | −6,863 | 35.8 | 0% |
In its most recent public year (2023), this organization spent $6,863 more than it brought in. Its reserves stood at about 35.8 months of spending, down from 41.3 in 2021. Staff pay was 0% 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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