State Historical Society Of Nd Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 437,224 | 376,954 | 60,270 | 47.9 | 55% |
| 2022 | 1,393,018 | 482,874 | 910,144 | 55.0 | 45% |
| 2023 | 328,142 | 540,371 | −212,229 | 45.1 | 43% |
In its most recent public year (2023), this organization spent $212,229 more than it brought in. Its reserves stood at about 45.1 months of spending, down from 47.9 in 2021. Staff pay was 43% of spending. $614,691 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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