Marion-Bermuda Crusing Yacht Race Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 99,214 | 63,073 | 36,141 | 20.9 | — |
| 2012 | 135 | 19,016 | −18,881 | 57.4 | — |
| 2013 | 109,649 | 66,458 | 43,191 | 24.2 | — |
| 2014 | 2,123 | 35,033 | −32,910 | 34.7 | — |
| 2015 | 106,587 | 73,157 | 33,430 | 22.1 | 14% |
| 2016 | −159 | 45,926 | −46,085 | 23.1 | — |
| 2017 | 102,341 | 82,466 | 19,875 | 15.8 | — |
| 2018 | 7,851 | 11,881 | −4,030 | 105.5 | — |
| 2019 | 77,681 | 89,034 | −11,353 | 13.6 | — |
| 2020 | 231 | 21,014 | −20,783 | 45.6 | — |
| 2021 | 8,720 | 13,711 | −4,991 | 65.5 | — |
| 2022 | 6,347 | 22,332 | −15,985 | 31.6 | — |
| 2023 | 90,786 | 55,403 | 35,383 | 20.4 | — |
In its most recent public year (2023), this organization brought in $35,383 more than it spent. Its reserves stood at about 20.4 months 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 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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