Chippewa County Historical Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 119,317 | 122,078 | −2,761 | 114.9 | 36% |
| 2021 | 158,742 | 104,987 | 53,755 | 139.3 | 29% |
| 2022 | 80,283 | 158,151 | −77,868 | 86.6 | 24% |
| 2023 | 124,290 | 118,263 | 6,027 | 118.8 | 18% |
In its most recent public year (2023), this organization brought in $6,027 more than it spent. Its reserves stood at about 118.8 months of spending, up from 114.9 in 2020. Staff pay was 18% of spending. $378,925 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
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