Eight Million Stories Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 734,775 | 359,631 | 375,144 | 12.5 | 69% |
| 2021 | 1,167,846 | 472,507 | 695,339 | 27.2 | 44% |
| 2022 | 1,045,857 | 930,907 | 114,950 | 15.3 | 37% |
| 2023 | 1,282,482 | 1,580,991 | −298,509 | 6.7 | 26% |
In its most recent public year (2023), this organization spent $298,509 more than it brought in. Its reserves stood at about 6.7 months of spending, down from 12.5 in 2020. Staff pay was 26% 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 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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