everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Portsmouth Museums Foundation Inc

Portsmouth, VA / EIN 54-1703447 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2012400,7623,650,171−3,249,4096.52%
2013444,823159,099285,724170.238%
2014305,637112,328193,309261.851%
2015108,21991,11617,103332.052%
2016644,00495,533548,471383.847%
2017233,536122,395111,141314.040%
2018544,465154,203390,262282.532%
2019265,498567,495−301,99770.69%
2020222,018424,354−202,33688.210%
2021597,091410,026187,065103.820%
20221,242,042506,473735,56998.715%
2023246,821151,02995,792340.830%

In its most recent public year (2023), this organization brought in $95,792 more than it spent. Its reserves stood at about 340.8 months of spending, up from 6.5 in 2012. Staff pay was 30% of spending. $1,341,283 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 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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