Operating record

Nantucket Historical Association

Nantucket, MA · EIN 04-6003451 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$5,335,383$5,305,426$29,957107.327%
2021$8,695,480$5,654,043$3,041,437113.923%
2022$7,951,098$7,001,825$949,27382.224%
2023$7,749,281$8,811,322−$1,062,04165.030%

In its most recent public year (2023), this organization spent $1,062,041 more than it brought in. Its reserves stood at about 65 months of spending, down from 107.3 in 2020. Staff pay was 30% of spending. $20,239,579 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 ↗