Twinstate Makerspaces Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 103,129 | 77,255 | 25,874 | 5.0 | — |
| 2018 | 826,886 | 111,022 | 715,864 | 80.9 | 46% |
| 2019 | 182,935 | 193,639 | −10,704 | 45.7 | 42% |
| 2020 | 327,739 | 178,043 | 149,696 | 59.8 | 42% |
| 2021 | 226,998 | 169,484 | 57,514 | 66.9 | 38% |
| 2022 | 116,539 | 148,662 | −32,123 | 73.7 | 36% |
| 2023 | 98,036 | 120,195 | −22,159 | 88.9 | 20% |
| 2024 | 103,305 | 131,958 | −28,653 | 78.4 | 38% |
In its most recent public year (2024), this organization spent $28,653 more than it brought in. Its reserves stood at about 78.4 months of spending, up from 5 in 2017. Staff pay was 38% of spending. $8,289 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 2024. 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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