Long Island Scottish Festival And Highland Games Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 86,762 | 42,815 | 43,947 | 12.3 | — |
| 2016 | 54,172 | 48,062 | 6,110 | 12.5 | — |
| 2017 | 0 | 0 | 0 | — | — |
| 2018 | 55,889 | 48,665 | 7,224 | 17.7 | — |
| 2019 | 62,307 | 57,188 | 5,119 | 16.1 | — |
| 2020 | 5,636 | 10,348 | −4,712 | 83.7 | — |
| 2021 | 8,938 | 4,429 | 4,509 | 207.7 | — |
| 2022 | 56,650 | 53,962 | 2,688 | 17.6 | — |
| 2023 | 53,625 | 49,567 | 4,058 | 20.2 | — |
In its most recent public year (2023), this organization brought in $4,058 more than it spent. Its reserves stood at about 20.2 months of spending, up from 12.3 in 2015.
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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