Mitchell County Historical Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 83,547 | 67,338 | 16,209 | 79.3 | — |
| 2021 | 122,684 | 70,807 | 51,877 | 84.2 | — |
| 2022 | 140,838 | 85,671 | 55,167 | 77.4 | 52% |
| 2023 | 105,482 | 84,075 | 21,407 | 81.9 | 46% |
In its most recent public year (2023), this organization brought in $21,407 more than it spent. Its reserves stood at about 81.9 months of spending, up from 79.3 in 2020. Staff pay was 46% 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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