Dakota County Historical Society Inc Dakota County Museum
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 422,988 | 348,852 | 74,136 | 10.9 | 51% |
| 2021 | 337,851 | 346,070 | −8,219 | 10.9 | 58% |
| 2022 | 338,148 | 391,908 | −53,760 | 7.4 | 59% |
| 2023 | 471,576 | 494,060 | −22,484 | 5.6 | 44% |
In its most recent public year (2023), this organization spent $22,484 more than it brought in. Its reserves stood at about 5.6 months of spending, down from 10.9 in 2020. Staff pay was 44% of spending. $28,610 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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