Carver County Historical Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 432,845 | 325,337 | 107,508 | 33.4 | 50% |
| 2021 | 474,817 | 296,326 | 178,491 | 41.6 | 51% |
| 2022 | 930,276 | 358,769 | 571,507 | 52.3 | 48% |
| 2023 | 447,207 | 398,305 | 48,902 | 48.9 | 48% |
In its most recent public year (2023), this organization brought in $48,902 more than it spent. Its reserves stood at about 48.9 months of spending, up from 33.4 in 2020. Staff pay was 48% of spending. $177,160 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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