Norwood Park Historical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 26,639 | 107,035 | −80,396 | 58.6 | 0% |
| 2021 | 9,487 | 15,384 | −5,897 | 417.0 | 0% |
| 2022 | 21,199 | 15,102 | 6,097 | 416.6 | 0% |
| 2023 | 51,926 | 35,569 | 16,357 | 185.3 | 0% |
In its most recent public year (2023), this organization brought in $16,357 more than it spent. Its reserves stood at about 185.3 months of spending, up from 58.6 in 2020. Staff pay was 0% of spending. $15,019 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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