Southeastern Quilt And Textile Museum Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 79,120 | 56,649 | 22,471 | 24.7 | — |
| 2022 | 103,573 | 88,521 | 15,052 | 17.4 | — |
| 2023 | 87,738 | 104,379 | −16,641 | 13.0 | — |
In its most recent public year (2023), this organization spent $16,641 more than it brought in. Its reserves stood at about 13 months of spending, down from 24.7 in 2021.
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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