Newton Historical Cultural Commission Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 117,813 | 27,690 | 90,123 | 463.1 | 0% |
| 2021 | 47,715 | 24,735 | 22,980 | 529.6 | 0% |
| 2022 | 6,763 | 18,491 | −11,728 | 700.8 | 0% |
In its most recent public year (2022), this organization spent $11,728 more than it brought in. Its reserves stood at about 700.8 months of spending, up from 463.1 in 2020. Staff pay was 0% of spending. $926,778 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 2022. 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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