Los Angeles Machinist Benefit Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 17,545,577 | 17,220,050 | 325,527 | 7.2 | 0% |
| 2012 | 18,803,088 | 18,338,738 | 464,350 | 7.0 | 0% |
| 2013 | 19,646,731 | 19,338,691 | 308,040 | 6.7 | 0% |
| 2014 | 19,292,217 | 19,953,665 | −661,448 | 6.2 | 0% |
| 2015 | 20,337,516 | 20,693,165 | −355,649 | 5.7 | 0% |
| 2016 | 20,892,264 | 21,538,022 | −645,758 | 5.1 | 0% |
| 2017 | 22,548,067 | 22,580,846 | −32,779 | 5.0 | 0% |
| 2018 | 23,267,086 | 21,136,072 | 2,131,014 | 6.5 | 0% |
| 2019 | 23,881,459 | 23,165,539 | 715,920 | 6.6 | 0% |
| 2020 | 24,402,776 | 23,716,053 | 686,723 | 6.9 | 0% |
| 2021 | 23,771,083 | 23,744,394 | 26,689 | 7.3 | 0% |
| 2022 | 24,357,613 | 23,225,732 | 1,131,881 | 7.1 | 0% |
| 2023 | 26,288,848 | 25,420,248 | 868,600 | 7.0 | 0% |
In its most recent public year (2023), this organization brought in $868,600 more than it spent. Its reserves stood at about 7 months of spending. 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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