Akron Childrens Museum
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 494,250 | 392,843 | 101,407 | 25.1 | 37% |
| 2021 | 547,024 | 361,299 | 185,725 | 33.4 | 45% |
| 2022 | 741,593 | 545,357 | 196,236 | 26.4 | 52% |
| 2023 | 764,282 | 712,526 | 51,756 | 21.1 | 46% |
In its most recent public year (2023), this organization brought in $51,756 more than it spent. Its reserves stood at about 21.1 months of spending, down from 25.1 in 2020. Staff pay was 46% of spending. $77,941 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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