Lees Summit Historical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 73,021 | 35,026 | 37,995 | 41.0 | — |
| 2021 | 49,557 | 29,854 | 19,703 | 57.2 | — |
| 2022 | 63,731 | 32,266 | 31,465 | 61.4 | — |
| 2023 | 63,605 | 28,455 | 35,150 | 86.1 | — |
In its most recent public year (2023), this organization brought in $35,150 more than it spent. Its reserves stood at about 86.1 months of spending, up from 41 in 2020.
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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