Palmer Museum Of History And Art
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 124,950 | 122,425 | 2,525 | 2.5 | — |
| 2012 | 148,578 | 155,130 | −6,552 | 1.5 | — |
| 2013 | 144,442 | 152,015 | −7,573 | 0.9 | — |
| 2014 | 176,568 | 184,978 | −8,410 | 0.2 | 44% |
| 2015 | 170,396 | 181,994 | −11,598 | -0.6 | — |
| 2016 | 178,825 | 168,151 | 10,674 | 0.1 | 49% |
| 2017 | 200,400 | 207,049 | −6,649 | -0.3 | 42% |
| 2018 | 234,255 | 207,480 | 26,775 | 1.3 | 43% |
| 2019 | 230,859 | 212,375 | 18,484 | 2.3 | 48% |
| 2021 | 184,938 | 204,907 | −19,969 | 3.4 | 60% |
| 2022 | 262,579 | 262,673 | −94 | 2.6 | 54% |
| 2023 | 196,577 | 239,321 | −42,744 | 0.7 | 55% |
In its most recent public year (2023), this organization spent $42,744 more than it brought in. Its reserves stood at about 0.7 months of spending, down from 2.5 in 2011. Staff pay was 55% 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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