Sippican Historical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 580,666 | 430,484 | 150,182 | 111.9 | 8% |
| 2021 | 234,028 | 394,498 | −160,470 | 126.4 | 15% |
| 2022 | 279,981 | 189,139 | 90,842 | 225.5 | 35% |
In its most recent public year (2022), this organization brought in $90,842 more than it spent. Its reserves stood at about 225.5 months of spending, up from 111.9 in 2020. Staff pay was 35% of spending. $1,417,347 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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