Alger County Historical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 228,952 | 25,167 | 203,785 | 225.1 | 22% |
| 2016 | 10,723 | 30,240 | −19,517 | 138.9 | 11% |
| 2017 | 30,683 | 48,924 | −18,241 | 88.3 | 20% |
| 2018 | 37,541 | 26,746 | 10,795 | 156.7 | 33% |
| 2019 | 17,716 | 42,952 | −25,236 | 116.0 | 25% |
| 2020 | 8,917 | 18,880 | −9,963 | 257.6 | 15% |
| 2021 | 37,085 | 26,918 | 10,167 | 168.0 | 23% |
| 2022 | 6,174 | 24,040 | −17,866 | 159.8 | — |
| 2023 | 14,513 | 31,850 | −17,337 | 117.4 | — |
In its most recent public year (2023), this organization spent $17,337 more than it brought in. Its reserves stood at about 117.4 months of spending, down from 225.1 in 2015.
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
Alger County Historical Society's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works