Watkins Glen Motor Racing Research Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 794,375 | 717,835 | 76,540 | 78.8 | 44% |
| 2021 | 1,213,065 | 806,977 | 406,088 | 81.1 | 38% |
| 2022 | 904,156 | 876,096 | 28,060 | 65.7 | 41% |
| 2023 | 580,566 | 726,224 | −145,658 | 82.1 | 46% |
In its most recent public year (2023), this organization spent $145,658 more than it brought in. Its reserves stood at about 82.1 months of spending, up from 78.8 in 2020. Staff pay was 46% of spending. $1,528,964 of its net assets are donor-restricted.
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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