Galesburg Museums Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 201,844 | 206,284 | −4,440 | 41.4 | 37% |
| 2012 | 169,393 | 190,160 | −20,767 | 43.6 | 39% |
| 2013 | 532,653 | 233,471 | 299,182 | 56.7 | 37% |
| 2014 | 501,630 | 298,819 | 202,811 | 49.4 | 32% |
| 2015 | 390,390 | 308,421 | 81,969 | 53.3 | 35% |
| 2016 | 584,469 | 322,797 | 261,672 | 60.6 | 35% |
| 2017 | 522,702 | 328,268 | 194,434 | 66.7 | 37% |
| 2018 | 692,666 | 389,591 | 303,075 | 69.0 | 37% |
| 2019 | 553,238 | 553,789 | −551 | 48.5 | 35% |
| 2020 | 711,192 | 502,683 | 208,509 | 58.0 | 37% |
| 2021 | 557,586 | 510,467 | 47,119 | 58.5 | 36% |
| 2022 | 448,238 | 560,297 | −112,059 | 51.3 | 36% |
| 2023 | 554,261 | 618,587 | −64,326 | 45.2 | 35% |
In its most recent public year (2023), this organization spent $64,326 more than it brought in. Its reserves stood at about 45.2 months of spending, up from 41.4 in 2011. Staff pay was 35% of spending. $58,000 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
Galesburg Museums Inc'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