Lafox Museum Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 0 | 7,744 | −7,744 | 21.3 | — |
| 2012 | 3,150 | 4,836 | −1,686 | 29.9 | — |
| 2013 | 0 | 3,462 | −3,462 | 29.8 | — |
| 2014 | 107 | 1,933 | −1,826 | 42.0 | — |
| 2015 | 0 | 3,405 | −3,405 | 11.8 | — |
| 2016 | 1 | 3,156 | −3,155 | 0.8 | — |
| 2017 | 0 | 2,478 | −2,478 | -11.0 | — |
| 2018 | 0 | 2,564 | −2,564 | -22.7 | — |
| 2019 | 0 | 313 | −313 | -197.7 | — |
| 2020 | 0 | 2,855 | −2,855 | -33.7 | — |
In its most recent public year (2020), this organization spent $2,855 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-33.7 months), down from 21.3 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 2020. 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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