Needlework Guild Of Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 12,581 | 13,662 | −1,081 | 33.5 | — |
| 2022 | 101,084 | 23,526 | 77,558 | 59.0 | — |
| 2023 | 79,236 | 90,384 | −11,148 | 13.9 | — |
| 2024 | 89,858 | 86,529 | 3,329 | 15.0 | — |
In its most recent public year (2024), this organization brought in $3,329 more than it spent. Its reserves stood at about 15 months of spending, down from 33.5 in 2021.
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 2024. 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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