North Myrtle Beach Area Historical Museum
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 40,338 | 89,091 | −48,753 | 107.1 | 0% |
| 2017 | 18,768 | 70,435 | −51,667 | 126.7 | 0% |
| 2018 | 18,000 | 69,364 | −51,364 | 119.8 | 0% |
| 2019 | 20,000 | 67,475 | −47,475 | 114.7 | 0% |
| 2020 | 2,000 | 62,064 | −60,064 | 116.5 | 0% |
| 2021 | 30,668 | 59,729 | −29,061 | 115.3 | 0% |
| 2023 | 68,953 | 70,315 | −1,362 | 93.7 | 23% |
| 2024 | 101,229 | 102,191 | −962 | 64.2 | 38% |
In its most recent public year (2024), this organization spent $962 more than it brought in. Its reserves stood at about 64.2 months of spending, down from 107.1 in 2016. Staff pay was 38% of spending. $29,809 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 2024. 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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