Northern Illinois Fire Museum
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,012 | 7,944 | −6,932 | 269.6 | — |
| 2021 | 1,009 | 8,892 | −7,883 | 230.2 | — |
| 2022 | 5,722 | 39,227 | −33,505 | 41.9 | — |
| 2023 | 130 | 48,731 | −48,601 | 21.8 | — |
In its most recent public year (2023), this organization spent $48,601 more than it brought in. Its reserves stood at about 21.8 months of spending, down from 269.6 in 2020.
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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