State Agricultural & Mechanical Society Of South Carolina
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 877,759 | 2,380,681 | −1,502,922 | 74.1 | 52% |
| 2021 | 8,865,077 | 4,779,078 | 4,085,999 | 47.8 | 42% |
| 2022 | 9,715,530 | 5,653,034 | 4,062,496 | 49.0 | 43% |
| 2023 | 10,718,254 | 6,074,487 | 4,643,767 | 55.5 | 40% |
In its most recent public year (2023), this organization brought in $4,643,767 more than it spent. Its reserves stood at about 55.5 months of spending, down from 74.1 in 2020. Staff pay was 40% 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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