Friends Of Thunderbay National Marine Sanctuary
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 322,078 | 245,477 | 76,601 | 4.9 | 2% |
| 2013 | 168,565 | 158,833 | 9,732 | 13.5 | 30% |
| 2014 | 223,794 | 237,719 | −13,925 | 8.5 | 39% |
| 2015 | 300,301 | 262,326 | 37,975 | 9.5 | 34% |
| 2016 | 208,520 | 187,095 | 21,425 | 14.1 | 43% |
| 2017 | 348,463 | 298,021 | 50,442 | 11.0 | 47% |
| 2018 | 455,059 | 374,819 | 80,240 | 11.4 | 25% |
| 2019 | 281,573 | 288,791 | −7,218 | 14.3 | 37% |
| 2020 | 259,543 | 362,826 | −103,283 | 8.0 | 23% |
| 2021 | 133,416 | 155,426 | −22,010 | 17.3 | 44% |
| 2022 | 410,010 | 232,348 | 177,662 | 22.4 | 22% |
| 2023 | 559,979 | 292,687 | 267,292 | 27.8 | 26% |
In its most recent public year (2023), this organization brought in $267,292 more than it spent. Its reserves stood at about 27.8 months of spending, up from 4.9 in 2012. Staff pay was 26% of spending. $170,190 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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