Norsk Hostfest Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,842,335 | 3,663,121 | −820,786 | 5.2 | 6% |
| 2012 | 3,261,225 | 3,705,684 | −444,459 | 5.9 | 6% |
| 2013 | 3,081,914 | 3,535,290 | −453,376 | 4.9 | 7% |
| 2014 | 3,461,635 | 3,532,707 | −71,072 | 4.6 | 7% |
| 2015 | 2,953,089 | 3,153,313 | −200,224 | 4.2 | 6% |
| 2016 | 3,227,301 | 3,260,804 | −33,503 | 4.0 | 5% |
| 2017 | 3,208,710 | 3,200,092 | 8,618 | 5.0 | 6% |
| 2018 | 3,604,276 | 3,753,591 | −149,315 | 3.5 | 6% |
| 2019 | 4,113,046 | 4,035,465 | 77,581 | 2.5 | 6% |
| 2020 | 225,254 | 379,524 | −154,270 | 22.5 | 23% |
| 2021 | 291,120 | 408,976 | −117,856 | 12.6 | 21% |
| 2022 | 1,925,890 | 3,027,712 | −1,101,822 | -2.8 | 1% |
| 2023 | 2,689,914 | 2,515,777 | 174,137 | -5.3 | 5% |
In its most recent public year (2023), this organization brought in $174,137 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-5.3 months), down from 5.2 in 2011. Staff pay was 5% 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
Norsk Hostfest Association's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works