Beverly Historical Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 462,861 | 402,043 | 60,818 | 96.4 | 50% |
| 2021 | 1,000,040 | 406,690 | 593,350 | 116.7 | 52% |
| 2022 | 418,914 | 545,083 | −126,169 | 79.2 | 44% |
| 2023 | 716,839 | 472,590 | 244,249 | 97.6 | 55% |
In its most recent public year (2023), this organization brought in $244,249 more than it spent. Its reserves stood at about 97.6 months of spending, up from 96.4 in 2020. Staff pay was 55% of spending. $1,848,150 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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