Sippican Lands Trust Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 184,604 | 133,223 | 51,381 | 381.0 | 15% |
| 2012 | 132,787 | 127,343 | 5,444 | 401.1 | 27% |
| 2013 | 142,558 | 119,824 | 22,734 | 431.9 | 40% |
| 2014 | 1,392,384 | 133,663 | 1,258,721 | 501.7 | 46% |
| 2015 | 127,747 | 151,477 | −23,730 | 439.9 | 45% |
| 2016 | 137,413 | 137,990 | −577 | 487.1 | 50% |
| 2017 | 143,583 | 118,462 | 25,121 | 573.8 | 50% |
| 2018 | 156,670 | 114,057 | 42,613 | 593.8 | 59% |
| 2019 | 307,906 | 145,925 | 161,981 | 491.9 | 48% |
| 2020 | 212,383 | 125,499 | 86,884 | 568.5 | 52% |
| 2021 | 311,954 | 140,468 | 171,486 | 583.5 | 52% |
| 2022 | 375,416 | 155,195 | 220,221 | 537.0 | 53% |
| 2023 | 489,725 | 134,024 | 355,701 | 664.6 | 22% |
In its most recent public year (2023), this organization brought in $355,701 more than it spent. Its reserves stood at about 664.6 months of spending, up from 381 in 2011. Staff pay was 22% of spending. $577,087 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 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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