Newberry Museum
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 102,501 | 197,308 | −94,807 | 4.0 | 4% |
| 2020 | 124,797 | 128,396 | −3,599 | 5.9 | 51% |
| 2022 | 213,397 | 128,181 | 85,216 | 15.8 | 37% |
| 2023 | 234,063 | 148,232 | 85,831 | 20.6 | 48% |
In its most recent public year (2023), this organization brought in $85,831 more than it spent. Its reserves stood at about 20.6 months of spending, up from 4 in 2019. Staff pay was 48% 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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