Somerset County Historical Trust Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 37,642 | 41,901 | −4,259 | 86.1 | — |
| 2018 | 90,984 | 112,275 | −21,291 | 28.6 | — |
| 2019 | −84,200 | 46,941 | −131,141 | 35.0 | — |
| 2020 | 33,263 | 1,939 | 31,324 | 1040.5 | — |
| 2023 | 65,616 | 23,980 | 41,636 | 100.9 | — |
In its most recent public year (2023), this organization brought in $41,636 more than it spent. Its reserves stood at about 100.9 months of spending, up from 86.1 in 2010.
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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