Independence Historical Museum Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 89,037 | 82,638 | 6,399 | 299.7 | 30% |
| 2021 | 112,042 | 93,718 | 18,324 | 266.6 | 29% |
| 2022 | 142,605 | 179,482 | −36,877 | 136.8 | 27% |
| 2023 | 339,553 | 148,876 | 190,677 | 180.2 | 40% |
In its most recent public year (2023), this organization brought in $190,677 more than it spent. Its reserves stood at about 180.2 months of spending, down from 299.7 in 2020. Staff pay was 40% 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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