Berwick Historical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 712,518 | 182,987 | 529,531 | 112.0 | 30% |
| 2022 | 160,017 | 208,460 | −48,443 | 97.1 | 29% |
| 2023 | 227,682 | 249,500 | −21,818 | 74.6 | 30% |
| 2024 | 273,374 | 210,504 | 62,870 | 90.4 | 42% |
In its most recent public year (2024), this organization brought in $62,870 more than it spent. Its reserves stood at about 90.4 months of spending, down from 112 in 2021. Staff pay was 42% of spending. $481,286 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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