Rowan Museum Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 201,202 | 142,281 | 58,921 | 122.2 | 64% |
| 2021 | 295,156 | 160,497 | 134,659 | 118.4 | 55% |
| 2022 | 102,655 | 184,493 | −81,838 | 97.6 | 62% |
| 2023 | 333,856 | 215,394 | 118,462 | 90.2 | 55% |
In its most recent public year (2023), this organization brought in $118,462 more than it spent. Its reserves stood at about 90.2 months of spending, down from 122.2 in 2020. Staff pay was 55% of spending. $995,603 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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