Salem Preservation Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,700 | 3,441 | 259 | 190.3 | — |
| 2012 | 1,250 | 1,235 | 15 | 530.3 | — |
| 2013 | 181,483 | 181,874 | −391 | 3.6 | — |
| 2014 | 7,953 | 6,348 | 1,605 | 113.3 | — |
| 2015 | 20,695 | 7,297 | 13,398 | 120.6 | — |
| 2022 | 135,807 | 122,218 | 13,589 | 9.4 | — |
| 2023 | 13,437 | 47,646 | −34,209 | 15.5 | — |
In its most recent public year (2023), this organization spent $34,209 more than it brought in. Its reserves stood at about 15.5 months of spending, down from 190.3 in 2011.
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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