Museum Foundation Of Pacific Grove Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,739,690 | 1,032,621 | 707,069 | 44.2 | 63% |
| 2021 | 1,286,000 | 1,044,628 | 241,372 | 48.9 | 58% |
| 2022 | 1,582,322 | 1,288,868 | 293,454 | 40.7 | 57% |
| 2023 | 1,487,426 | 1,569,129 | −81,703 | 33.5 | 55% |
In its most recent public year (2023), this organization spent $81,703 more than it brought in. Its reserves stood at about 33.5 months of spending, down from 44.2 in 2020. Staff pay was 55% of spending. $1,363,180 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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