Morristown Gateway Museum
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 50,776 | 52,191 | −1,415 | 144.1 | 0% |
| 2021 | 34,759 | 53,917 | −19,158 | 136.5 | 0% |
| 2022 | 40,531 | 37,256 | 3,275 | 192.6 | 0% |
| 2023 | 74,888 | 55,341 | 19,547 | 136.0 | 0% |
In its most recent public year (2023), this organization brought in $19,547 more than it spent. Its reserves stood at about 136 months of spending, down from 144.1 in 2020. 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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