Lorain Historical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 41,676 | 52,391 | −10,715 | 120.3 | 27% |
| 2012 | 63,888 | 54,017 | 9,871 | 118.9 | 28% |
| 2013 | 687,534 | 92,772 | 594,762 | 146.2 | 41% |
| 2014 | 694,616 | 172,107 | 522,509 | 115.2 | 40% |
| 2015 | 973,320 | 250,256 | 723,064 | 113.9 | 33% |
| 2016 | 406,459 | 301,739 | 104,720 | 98.7 | 35% |
| 2017 | 598,113 | 383,328 | 214,785 | 84.4 | 39% |
| 2018 | 570,991 | 391,896 | 179,095 | 86.0 | 35% |
| 2019 | 461,369 | 483,115 | −21,746 | 72.1 | 38% |
| 2020 | 359,136 | 493,772 | −134,636 | 70.3 | 38% |
| 2021 | 559,871 | 506,268 | 53,603 | 72.7 | 38% |
| 2022 | 507,163 | 569,164 | −62,001 | 58.7 | 13% |
| 2023 | 599,727 | 680,608 | −80,881 | 49.7 | 53% |
In its most recent public year (2023), this organization spent $80,881 more than it brought in. Its reserves stood at about 49.7 months of spending, down from 120.3 in 2011. Staff pay was 53% of spending. $1,228,554 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
Lorain Historical Society's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works