Newton Historical Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 313,345 | 412,704 | −99,359 | 83.1 | 62% |
| 2021 | 316,713 | 390,906 | −74,193 | 106.2 | 61% |
| 2022 | 645,331 | 388,572 | 256,759 | 91.1 | 56% |
| 2023 | 419,769 | 455,405 | −35,636 | 79.8 | 52% |
In its most recent public year (2023), this organization spent $35,636 more than it brought in. Its reserves stood at about 79.8 months of spending, down from 83.1 in 2020. Staff pay was 52% of spending. $927,452 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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