Westborough Historical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 17,820 | 15,772 | 2,048 | 385.2 | 0% |
| 2012 | 16,462 | 14,979 | 1,483 | 421.6 | 0% |
| 2013 | 18,342 | 14,539 | 3,803 | 448.0 | 0% |
| 2014 | 21,852 | 17,836 | 4,016 | 364.5 | 0% |
| 2015 | 22,432 | 15,305 | 7,127 | 419.1 | 0% |
| 2016 | 19,962 | 14,049 | 5,913 | 444.8 | 0% |
| 2017 | 22,320 | 14,501 | 7,819 | 447.7 | 0% |
| 2018 | 23,561 | 18,149 | 5,412 | 362.0 | 0% |
| 2019 | 19,415 | 18,787 | 628 | 357.3 | 0% |
| 2020 | 24,812 | 12,470 | 12,342 | 564.4 | 0% |
| 2021 | 28,857 | 33,041 | −4,184 | 232.6 | 0% |
| 2022 | −764 | 19,291 | −20,055 | 362.8 | 0% |
| 2023 | 24,304 | 13,037 | 11,267 | 547.8 | 0% |
In its most recent public year (2023), this organization brought in $11,267 more than it spent. Its reserves stood at about 547.8 months of spending, up from 385.2 in 2011. Staff pay was 0% of spending. $483,790 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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