Middleburg Museum Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 5,233 | 43,948 | −38,715 | 221.4 | 0% |
| 2018 | −8,351 | 18,921 | −27,272 | 496.8 | 0% |
| 2019 | 6,749 | 39,916 | −33,167 | 225.5 | 0% |
| 2020 | 1,619 | 39,988 | −38,369 | 211.5 | 0% |
In its most recent public year (2020), this organization spent $38,369 more than it brought in. Its reserves stood at about 211.5 months of spending, down from 221.4 in 2017. Staff pay was 0% 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 2020. 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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