German Fest Milwaukee Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 16,417 | 174,342 | −157,925 | 72.8 | 28% |
| 2021 | 18,836 | 107,849 | −89,013 | 107.7 | 20% |
| 2022 | 1,461,133 | 1,490,123 | −28,990 | 7.6 | 3% |
| 2023 | 1,632,313 | 1,591,398 | 40,915 | 7.4 | 4% |
In its most recent public year (2023), this organization brought in $40,915 more than it spent. Its reserves stood at about 7.4 months of spending, down from 72.8 in 2020. Staff pay was 4% 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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