Milton Historical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 148,743 | 117,956 | 30,787 | 199.8 | 53% |
| 2021 | 214,189 | 122,062 | 92,127 | 202.2 | 49% |
| 2022 | 157,575 | 144,217 | 13,358 | 171.4 | 43% |
| 2023 | 235,066 | 176,764 | 58,302 | 145.3 | 36% |
In its most recent public year (2023), this organization brought in $58,302 more than it spent. Its reserves stood at about 145.3 months of spending, down from 199.8 in 2020. Staff pay was 36% 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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