Fargo Air Museum
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 593,355 | 552,225 | 41,130 | 77.8 | 34% |
| 2021 | 787,514 | 807,702 | −20,188 | 52.9 | 6% |
| 2022 | 699,525 | 876,200 | −176,675 | 42.0 | 10% |
| 2023 | 833,241 | 925,156 | −91,915 | 38.6 | 8% |
In its most recent public year (2023), this organization spent $91,915 more than it brought in. Its reserves stood at about 38.6 months of spending, down from 77.8 in 2020. Staff pay was 8% 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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