Kanabec County Historical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 58,923 | 65,974 | −7,051 | 25.9 | 51% |
| 2021 | 93,471 | 80,238 | 13,233 | 23.3 | 63% |
| 2022 | 92,359 | 86,900 | 5,459 | 22.2 | 24% |
| 2023 | 81,827 | 68,543 | 13,284 | 30.5 | 25% |
In its most recent public year (2023), this organization brought in $13,284 more than it spent. Its reserves stood at about 30.5 months of spending, up from 25.9 in 2020. Staff pay was 25% of spending. $117,521 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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