Kent Historical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 102,380 | 89,568 | 12,812 | 56.1 | 46% |
| 2021 | 233,311 | 118,358 | 114,953 | 53.9 | 37% |
| 2022 | 292,955 | 160,768 | 132,187 | 49.4 | 32% |
| 2023 | 146,453 | 150,051 | −3,598 | 52.7 | 43% |
In its most recent public year (2023), this organization spent $3,598 more than it brought in. Its reserves stood at about 52.7 months of spending, down from 56.1 in 2020. Staff pay was 43% of spending. $10,911 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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