Hormel Historic Home Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 362,584 | 443,570 | −80,986 | 49.2 | 8% |
| 2012 | 480,870 | 497,445 | −16,575 | 43.5 | 21% |
| 2013 | 595,039 | 521,277 | 73,762 | 43.2 | 23% |
| 2014 | 508,415 | 534,313 | −25,898 | 41.6 | 23% |
| 2015 | 489,936 | 561,962 | −72,026 | 38.0 | 22% |
| 2016 | 603,498 | 561,071 | 42,427 | 38.9 | 24% |
| 2017 | 538,117 | 551,318 | −13,201 | 39.3 | 24% |
| 2018 | 666,959 | 567,729 | 99,230 | 40.3 | 26% |
| 2019 | 682,387 | 577,504 | 104,883 | 41.8 | 26% |
| 2020 | 535,605 | 470,038 | 65,567 | 53.3 | 33% |
| 2021 | 321,561 | 400,348 | −78,787 | 60.6 | 34% |
| 2022 | 451,296 | 494,954 | −43,658 | 47.6 | 38% |
| 2023 | 646,457 | 555,888 | 90,569 | 44.2 | 40% |
In its most recent public year (2023), this organization brought in $90,569 more than it spent. Its reserves stood at about 44.2 months of spending, down from 49.2 in 2011. Staff pay was 40% of spending. $329,502 of its net assets are donor-restricted.
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
Hormel Historic Home Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works