Nobles County Historical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 58,242 | 60,575 | −2,333 | 11.0 | — |
| 2012 | 75,156 | 58,409 | 16,747 | 14.6 | — |
| 2013 | 88,309 | 87,950 | 359 | 9.7 | — |
| 2014 | 106,290 | 114,103 | −7,813 | 6.7 | — |
| 2015 | 80,056 | 80,242 | −186 | 9.5 | — |
| 2016 | 110,797 | 116,146 | −5,349 | 6.0 | — |
| 2017 | 114,173 | 104,165 | 10,008 | 7.9 | 43% |
| 2018 | 1,213,867 | 65,139 | 1,148,728 | 222.1 | 36% |
| 2019 | 1,205,785 | 67,156 | 1,138,629 | 418.9 | 42% |
| 2020 | 538,773 | 106,179 | 432,594 | 314.3 | 52% |
| 2021 | 1,354,745 | 178,400 | 1,176,345 | 266.2 | 34% |
| 2022 | 596,059 | 366,410 | 229,649 | 137.1 | 15% |
| 2023 | 531,847 | 228,604 | 303,243 | 235.7 | 26% |
In its most recent public year (2023), this organization brought in $303,243 more than it spent. Its reserves stood at about 235.7 months of spending, up from 11 in 2011. Staff pay was 26% of spending.
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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