Operating record

Truro Historical Society

Truro, MA · EIN 04-2497474 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$185,535$105,705$79,830126.533%
2021$398,451$121,065$277,386137.926%
2022$108,901$127,575−$18,674129.214%
2023$145,591$134,208$11,383123.819%

In its most recent public year (2023), this organization brought in $11,383 more than it spent. Its reserves stood at about 123.8 months of spending, down from 126.5 in 2020. Staff pay was 19% of spending. $115,329 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 ↗