Black River Historical Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 66,358 | 83,546 | −17,188 | 113.8 | 44% |
| 2021 | 57,245 | 98,092 | −40,847 | 91.9 | 39% |
| 2022 | 50,763 | 89,772 | −39,009 | 95.5 | 43% |
| 2023 | 40,286 | 93,331 | −53,045 | 85.2 | 42% |
In its most recent public year (2023), this organization spent $53,045 more than it brought in. Its reserves stood at about 85.2 months of spending, down from 113.8 in 2020. Staff pay was 42% of spending.
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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