2022-2023
2022 Financials
The Michigan Nonprofit Association remains financially healthy and is experiencing growth. This fiscal year, we raised an additional $2M in grant dollars while cutting expenses by $100,000. Our revenue mix includes a cross-section of sources to ensure our long-term sustainability.
Revenue Totals
| Revenue | $ |
| Grant Revenue | $3,514,870 |
| Contributions | $1,049,623 |
| Membership Dues | $287,001 |
| Program Fees & Sponsorships | $838,927 |
| Sublease Revenue | $527,324 |
| Payroll protection program loan forgiveness | $291,327 |
| Investment Income | $18,181 |
| Misc. Income | $95,881 |
| Total Revenue | $6,623,134 |
Expenses Totals
| Program Services | $ |
| Educational Services | $3,198,661 |
| Public Policy | $298,885 |
| Nonprofit Outreach | $302,962 |
| Public Grants | $251,783 |
| Volunteerism | $145,073 |
| Subtotal: Program Services | $4,197,364 |
| Administration | $573,340 |
| Fundraising | $15,054 |
| Total Expenses | $4,785,758 |