Westown Association Of Milwaukee Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 223,414 | 212,063 | 11,351 | 5.2 | 62% |
| 2021 | 302,850 | 281,573 | 21,277 | 4.8 | 52% |
| 2022 | 470,657 | 466,741 | 3,916 | 3.0 | 40% |
| 2023 | 596,768 | 544,974 | 51,794 | 3.7 | 40% |
In its most recent public year (2023), this organization brought in $51,794 more than it spent. Its reserves stood at about 3.7 months of spending, down from 5.2 in 2020. Staff pay was 40% 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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