Lake Superior Railroad Museum Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 37,203 | 1,105 | 36,098 | 397.8 | — |
| 2015 | 102,739 | 1,335 | 101,404 | 1247.8 | — |
| 2016 | 40,534 | 37,907 | 2,627 | 44.4 | — |
| 2017 | 97,804 | 767 | 97,037 | 3884.0 | — |
| 2018 | 14,111 | 984 | 13,127 | 1732.6 | — |
| 2019 | 27,308 | 0 | 27,308 | — | — |
| 2020 | 40,822 | 1,400 | 39,422 | 1731.4 | — |
| 2021 | 41,275 | 1,701 | 39,574 | 2009.4 | — |
| 2022 | 80,384 | 2,152 | 78,232 | 2003.3 | — |
| 2023 | 32,813 | 16,403 | 16,410 | 255.5 | — |
In its most recent public year (2023), this organization brought in $16,410 more than it spent. Its reserves stood at about 255.5 months of spending, down from 397.8 in 2014.
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
Lake Superior Railroad Museum Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works