Petoskey Wine Region
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 114,642 | 108,597 | 6,045 | -2.2 | — |
| 2020 | 104,809 | 92,924 | 11,885 | 3.6 | — |
| 2021 | 98,759 | 62,436 | 36,323 | 12.3 | — |
| 2022 | 41,549 | 62,397 | −20,848 | 8.3 | — |
| 2023 | 63,862 | 58,228 | 5,634 | 10.1 | — |
In its most recent public year (2023), this organization brought in $5,634 more than it spent. Its reserves stood at about 10.1 months of spending, up from -2.2 in 2019.
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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