Farmington Historical Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 108,855 | 32,413 | 76,442 | 198.0 | 0% |
| 2015 | 47,339 | 34,832 | 12,507 | 182.1 | 0% |
| 2016 | 40,114 | 20,978 | 19,136 | 294.5 | 0% |
| 2017 | 31,160 | 26,099 | 5,061 | 239.0 | 0% |
| 2018 | 37,504 | 32,162 | 5,342 | 193.0 | 0% |
| 2019 | 27,971 | 28,078 | −107 | 221.1 | 0% |
| 2020 | 72,528 | 22,490 | 50,038 | 302.7 | 0% |
| 2021 | 35,776 | 59,763 | −23,987 | 109.1 | 0% |
| 2022 | 34,049 | 47,538 | −13,489 | 137.3 | 0% |
| 2023 | 42,711 | 70,068 | −27,357 | 92.5 | 0% |
In its most recent public year (2023), this organization spent $27,357 more than it brought in. Its reserves stood at about 92.5 months of spending, down from 198 in 2014. 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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