New England Watercolor Society Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 40,656 | 36,219 | 4,437 | 79.5 | — |
| 2020 | 31,011 | 44,500 | −13,489 | 61.1 | — |
| 2021 | 76,478 | 21,952 | 54,526 | 153.6 | — |
| 2022 | 88,512 | 109,895 | −21,383 | 29.5 | — |
| 2023 | 120,709 | 73,363 | 47,346 | 52.0 | — |
In its most recent public year (2023), this organization brought in $47,346 more than it spent. Its reserves stood at about 52 months of spending, down from 79.5 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 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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