South Dakota Historical Society Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 836,126 | 737,988 | 98,138 | 38.4 | 49% |
| 2021 | 765,039 | 865,792 | −100,753 | 32.5 | 45% |
| 2022 | 570,472 | 826,505 | −256,033 | 27.6 | 42% |
In its most recent public year (2022), this organization spent $256,033 more than it brought in. Its reserves stood at about 27.6 months of spending, down from 38.4 in 2020. Staff pay was 42% of spending. $963,164 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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