Sault Ste Marie Foundation For Culture And History
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 97,608 | 101,865 | −4,257 | 0.9 | — |
| 2012 | 45,659 | 47,794 | −2,135 | 1.3 | — |
| 2013 | 104,484 | 92,103 | 12,381 | 2.3 | — |
| 2014 | 77,210 | 71,578 | 5,632 | 3.9 | — |
| 2015 | 71,421 | 66,545 | 4,876 | 5.1 | — |
| 2017 | 70,213 | 69,757 | 456 | 5.3 | — |
| 2018 | 74,762 | 75,103 | −341 | 4.9 | — |
| 2019 | 66,752 | 67,670 | −918 | 5.2 | — |
| 2020 | 66,318 | 62,112 | 4,206 | 6.5 | — |
| 2021 | 69,626 | 63,281 | 6,345 | 7.6 | — |
| 2022 | 122,257 | 65,516 | 56,741 | 17.7 | — |
| 2023 | 91,351 | 68,902 | 22,449 | 20.8 | — |
In its most recent public year (2023), this organization brought in $22,449 more than it spent. Its reserves stood at about 20.8 months of spending, up from 0.9 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 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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