Palmyra Racing Assoc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 131,961 | 108,725 | 23,236 | 24.5 | — |
| 2012 | 131,526 | 142,192 | −10,666 | 17.8 | — |
| 2013 | 131,368 | 140,447 | −9,079 | 17.3 | — |
| 2014 | 144,008 | 138,852 | 5,156 | 17.9 | — |
| 2015 | 129,343 | 104,928 | 24,415 | 26.5 | — |
| 2016 | 140,852 | 128,633 | 12,219 | 22.8 | — |
| 2017 | 146,036 | 104,144 | 41,892 | 32.9 | — |
| 2018 | 148,997 | 128,674 | 20,323 | 28.5 | — |
| 2019 | 175,333 | 120,309 | 55,024 | 36.0 | — |
| 2020 | 245,416 | 113,292 | 132,124 | 52.2 | 0% |
| 2021 | 196,038 | 160,169 | 35,869 | 39.6 | 0% |
| 2022 | 196,058 | 171,400 | 24,658 | 38.8 | 0% |
| 2023 | 221,434 | 173,156 | 48,278 | 41.7 | 0% |
In its most recent public year (2023), this organization brought in $48,278 more than it spent. Its reserves stood at about 41.7 months of spending, up from 24.5 in 2011. 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
Palmyra Racing Assoc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works