Magnolia Historical Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 11,487 | 3,738 | 7,749 | 335.7 | — |
| 2020 | 5,158 | 5,960 | −802 | 208.9 | — |
In its most recent public year (2020), this organization spent $802 more than it brought in. Its reserves stood at about 208.9 months of spending, down from 335.7 in 2019.
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 2020. 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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