Scandinavian Heritage Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 179,909 | 61,535 | 118,374 | 100.4 | 0% |
| 2011 | 61,899 | 60,431 | 1,468 | 102.9 | 0% |
| 2012 | 96,832 | 75,873 | 20,959 | 85.3 | 0% |
| 2013 | 75,797 | 55,690 | 20,107 | 120.6 | 14% |
| 2014 | 75,797 | 55,690 | 20,107 | 120.6 | 14% |
| 2015 | 65,288 | 97,126 | −31,838 | 64.3 | 9% |
| 2016 | 66,593 | 98,916 | −32,323 | 59.4 | — |
| 2017 | 68,199 | 62,903 | 5,296 | 93.4 | 13% |
| 2018 | 70,025 | 60,525 | 9,500 | 99.2 | 13% |
| 2019 | 112,295 | 107,151 | 5,144 | 56.7 | 10% |
| 2020 | 252,419 | 86,113 | 166,306 | 93.7 | 11% |
| 2021 | 116,688 | 77,122 | 39,566 | 110.8 | 17% |
| 2022 | 64,656 | 135,650 | −70,994 | 56.7 | 11% |
| 2023 | 83,315 | 124,039 | −40,724 | 58.1 | 12% |
In its most recent public year (2023), this organization spent $40,724 more than it brought in. Its reserves stood at about 58.1 months of spending, down from 100.4 in 2010. Staff pay was 12% of spending. $6,557 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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