South Carolina Cotton Museum Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 261,857 | 166,794 | 95,063 | 102.6 | 31% |
| 2022 | 209,869 | 172,716 | 37,153 | 101.7 | 31% |
| 2023 | 155,011 | 211,003 | −55,992 | 80.0 | 29% |
In its most recent public year (2023), this organization spent $55,992 more than it brought in. Its reserves stood at about 80 months of spending, down from 102.6 in 2021. Staff pay was 29% 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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