Marine Society At Salem
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 301,774 | 111,109 | 190,665 | 350.2 | 9% |
| 2013 | 141,200 | 111,908 | 29,292 | 371.3 | 10% |
| 2014 | 228,455 | 114,485 | 113,970 | 408.9 | 9% |
| 2015 | 90,273 | 108,174 | −17,901 | 418.1 | 10% |
| 2016 | 225,609 | 111,156 | 114,453 | 0.0 | 11% |
| 2017 | 506,039 | 139,068 | 366,971 | 386.7 | 9% |
| 2018 | 572,037 | 146,606 | 425,431 | 392.3 | 10% |
| 2019 | 310,360 | 147,004 | 163,356 | 415.0 | 10% |
| 2020 | 211,342 | 147,576 | 63,766 | 447.1 | 10% |
| 2021 | 250,972 | 144,980 | 105,992 | 524.7 | 10% |
| 2022 | 330,310 | 140,263 | 190,047 | 469.2 | 11% |
| 2023 | 316,551 | 155,525 | 161,026 | 444.8 | 10% |
| 2024 | 1,431,321 | 170,996 | 1,260,325 | 450.8 | 9% |
In its most recent public year (2024), this organization brought in $1,260,325 more than it spent. Its reserves stood at about 450.8 months of spending, up from 350.2 in 2012. Staff pay was 9% 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 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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