Margaret Woodbury Strong Museum Charitable Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,741,985 | 4,934,244 | 1,807,741 | 173.0 | 5% |
| 2021 | 7,829,381 | 4,993,182 | 2,836,199 | 177.8 | 6% |
| 2022 | 4,763,809 | 5,287,264 | −523,455 | 166.7 | 6% |
| 2023 | 2,491,582 | 5,338,753 | −2,847,171 | 158.7 | 5% |
In its most recent public year (2023), this organization spent $2,847,171 more than it brought in. Its reserves stood at about 158.7 months of spending, down from 173 in 2020. Staff pay was 5% 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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