Newburyport Maritime Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 218,407 | 310,619 | −92,212 | 79.9 | 45% |
| 2021 | 408,073 | 264,954 | 143,119 | 100.9 | 47% |
| 2022 | 548,430 | 364,491 | 183,939 | 76.5 | 48% |
| 2023 | 347,047 | 459,157 | −112,110 | 59.3 | 59% |
In its most recent public year (2023), this organization spent $112,110 more than it brought in. Its reserves stood at about 59.3 months of spending, down from 79.9 in 2020. Staff pay was 59% of spending. $269,238 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works