Ocean City Museum Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 269,079 | 266,274 | 2,805 | 29.1 | 58% |
| 2013 | 236,877 | 254,789 | −17,912 | 29.6 | 61% |
| 2014 | 225,457 | 249,425 | −23,968 | 29.1 | 61% |
| 2015 | 231,312 | 226,139 | 5,173 | 32.3 | 67% |
| 2016 | 225,700 | 218,402 | 7,298 | 33.9 | 71% |
| 2017 | 256,977 | 248,871 | 8,106 | 30.1 | 66% |
| 2018 | 258,301 | 261,295 | −2,994 | 28.6 | 59% |
| 2019 | 268,325 | 248,690 | 19,635 | 31.0 | 61% |
| 2020 | 240,917 | 251,579 | −10,662 | 30.1 | 62% |
| 2021 | 349,097 | 209,446 | 139,651 | 44.2 | 66% |
| 2022 | 248,723 | 227,326 | 21,397 | 41.8 | 53% |
| 2023 | 329,824 | 275,518 | 54,306 | 36.9 | 46% |
| 2024 | 670,070 | 299,222 | 370,848 | 48.8 | 54% |
In its most recent public year (2024), this organization brought in $370,848 more than it spent. Its reserves stood at about 48.8 months of spending, up from 29.1 in 2012. Staff pay was 54% 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 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
Ocean City Museum Society Inc's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works