Raeford-Hoke Museum Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 49,439 | 67,935 | −18,496 | 121.0 | 27% |
| 2021 | 61,082 | 85,041 | −23,959 | 93.5 | 25% |
| 2022 | 67,052 | 96,707 | −29,655 | 78.8 | 23% |
| 2023 | 52,618 | 77,918 | −25,300 | 94.2 | 26% |
| 2024 | 62,413 | 76,033 | −13,620 | 94.4 | 27% |
In its most recent public year (2024), this organization spent $13,620 more than it brought in. Its reserves stood at about 94.4 months of spending, down from 121 in 2020. Staff pay was 27% of spending.
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 2024. 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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