Southern Lorain County Historical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 70,940 | 63,023 | 7,917 | 57.0 | — |
| 2021 | 49,078 | 51,902 | −2,824 | 68.5 | — |
| 2022 | 78,927 | 49,565 | 29,362 | 78.9 | — |
| 2023 | 50,365 | 60,451 | −10,086 | 62.7 | — |
In its most recent public year (2023), this organization spent $10,086 more than it brought in. Its reserves stood at about 62.7 months of spending, up from 57 in 2020.
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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