Humanities Iowa
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 759,087 | 702,109 | 56,978 | 26.4 | 35% |
| 2021 | 77,679 | 525,169 | −447,490 | 31.0 | 45% |
| 2022 | 123,120 | 377,997 | −254,877 | 27.9 | 30% |
| 2023 | 99,056 | 441,636 | −342,580 | 17.0 | 24% |
In its most recent public year (2023), this organization spent $342,580 more than it brought in. Its reserves stood at about 17 months of spending, down from 26.4 in 2020. Staff pay was 24% of spending. $257,000 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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