Massachusetts Voter Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 469,709 | 436,037 | 33,672 | 7.8 | 58% |
| 2021 | 457,152 | 320,774 | 136,378 | 15.6 | 62% |
| 2022 | 536,837 | 299,608 | 237,229 | 26.3 | 50% |
| 2023 | 45,913 | 367,878 | −321,965 | 10.9 | 54% |
In its most recent public year (2023), this organization spent $321,965 more than it brought in. Its reserves stood at about 10.9 months of spending, up from 7.8 in 2020. Staff pay was 54% of spending. $323,542 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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