Spruce Pine Historical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 11,404 | 7,449 | 3,955 | 206.9 | — |
| 2020 | 6,687 | 4,169 | 2,518 | 376.9 | — |
| 2021 | 12,185 | 5,097 | 7,088 | 325.0 | — |
| 2022 | 15,047 | 6,919 | 8,128 | 253.5 | — |
| 2023 | 9,311 | 7,277 | 2,034 | 244.4 | — |
In its most recent public year (2023), this organization brought in $2,034 more than it spent. Its reserves stood at about 244.4 months of spending, up from 206.9 in 2019.
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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