Kernersville Museum Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 76,075 | 38,728 | 37,347 | 54.0 | — |
| 2017 | 89,484 | 73,305 | 16,179 | 31.2 | — |
| 2018 | 107,942 | 85,078 | 22,864 | 29.8 | — |
| 2019 | 80,974 | 99,609 | −18,635 | 23.2 | — |
| 2020 | 239,771 | 98,148 | 141,623 | 40.8 | 60% |
| 2021 | 120,525 | 98,174 | 22,351 | 43.6 | — |
| 2022 | 127,927 | 60,421 | 67,506 | 84.2 | — |
| 2023 | 37,068 | 35,814 | 1,254 | 142.4 | — |
In its most recent public year (2023), this organization brought in $1,254 more than it spent. Its reserves stood at about 142.4 months of spending, up from 54 in 2016.
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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