Hingham Historical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,784,595 | 633,209 | 2,151,386 | 117.7 | 28% |
| 2021 | 909,507 | 751,500 | 158,007 | 103.4 | 28% |
| 2022 | 895,879 | 890,600 | 5,279 | 83.6 | 32% |
| 2023 | 952,292 | 965,639 | −13,347 | 78.2 | 38% |
In its most recent public year (2023), this organization spent $13,347 more than it brought in. Its reserves stood at about 78.2 months of spending, down from 117.7 in 2020. Staff pay was 38% of spending. $1,290,145 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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