Heritage Museum Of Newaygo County
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 122,000 | 81,643 | 40,357 | 12.0 | — |
| 2014 | 153,518 | 95,768 | 57,750 | 13.4 | — |
| 2015 | 117,842 | 109,776 | 8,066 | 12.4 | — |
| 2016 | 105,288 | 110,753 | −5,465 | 11.9 | — |
| 2017 | 162,695 | 136,452 | 26,243 | 12.3 | — |
| 2018 | 126,487 | 135,952 | −9,465 | 9.8 | — |
| 2019 | 472,340 | 128,058 | 344,282 | 44.2 | 62% |
| 2020 | 352,169 | 111,121 | 241,048 | 77.0 | 60% |
| 2021 | 808,383 | 131,331 | 677,052 | 128.5 | 66% |
| 2022 | 333,519 | 306,123 | 27,396 | 55.7 | 35% |
| 2023 | 244,456 | 246,832 | −2,376 | 68.2 | 43% |
In its most recent public year (2023), this organization spent $2,376 more than it brought in. Its reserves stood at about 68.2 months of spending, up from 12 in 2013. Staff pay was 43% of spending.
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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