MACKINAC ASSOCIATES
Income Statement
Fiscal Year Start:
Oct 1
Data visualization unavailable
Revenues in 2025
$1,291,920
Contributions
N/A
Investments
N/A
Membership Dues
N/A
Government Grants
N/A
Fundraising Events
N/A
Program Services
N/A
Expenses in 2025
$1,324,160
Other
86%
Fees to Service Providers
10%
Offices, Occupancy & IT
4%
Grants
0%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2024
2025
Change
Contributions
$1,237,126
$1,149,959
-7%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$85,761
$55,317
-35%
Investments
$19,437
$91,545
+371%
Other
$3,993
-$4,901
-223%
Total Revenues
$1,346,317
$1,291,920
-4%
Expenses
2024
2025
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$125,979
$138,208
+10%
Advertising & Promotion
$3,025
$0
-100%
Offices, Occupancy & IT
$39,658
$48,159
+21%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$378,591
$1,137,793
+201%
Total Expenses
$547,253
$1,324,160
+142%
Net income
2024
2025
Change
Net income
+$799,064
-$32,240
-104%
Functional Expenses
Summary
2024
2025
Change
Program
$356,948
$1,123,376
+215%
Admin
$57,124
$65,720
+15%
Fundraising
$133,181
$135,064
+1%
Total Expenses
$547,253
$1,324,160
+142%
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