Historic Palace Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 327,982 | 321,219 | 6,763 | 18.4 | 23% |
| 2012 | 651,452 | 457,146 | 194,306 | 18.1 | 23% |
| 2013 | 534,111 | 511,558 | 22,553 | 16.7 | 25% |
| 2014 | 520,896 | 603,652 | −82,756 | 12.5 | 25% |
| 2015 | 475,897 | 484,315 | −8,418 | 15.3 | 21% |
| 2016 | 560,506 | 548,882 | 11,624 | 13.8 | 17% |
| 2017 | 699,271 | 604,898 | 94,373 | 14.4 | 26% |
| 2018 | 935,804 | 603,935 | 331,869 | 21.0 | 26% |
| 2019 | 1,142,741 | 551,589 | 591,152 | 35.9 | 27% |
| 2020 | 490,967 | 436,470 | 54,497 | 46.8 | 24% |
| 2021 | 1,162,461 | 604,047 | 558,414 | 44.9 | 24% |
| 2022 | 2,038,484 | 1,036,274 | 1,002,210 | 37.4 | 29% |
| 2023 | 903,639 | 1,120,931 | −217,292 | 32.3 | 25% |
In its most recent public year (2023), this organization spent $217,292 more than it brought in. Its reserves stood at about 32.3 months of spending, up from 18.4 in 2011. Staff pay was 25% 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
Historic Palace Inc'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