Preservation Society Of Asheville And Buncombe County Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 325,440 | 207,359 | 118,081 | 55.5 | 48% |
| 2021 | 134,352 | 221,679 | −87,327 | 47.2 | 56% |
| 2022 | 855,257 | 261,928 | 593,329 | 66.9 | 57% |
| 2023 | 504,379 | 296,698 | 207,681 | 67.7 | 56% |
| 2024 | 650,019 | 427,614 | 222,405 | 54.0 | 51% |
In its most recent public year (2024), this organization brought in $222,405 more than it spent. Its reserves stood at about 54 months of spending, down from 55.5 in 2020. Staff pay was 51% of spending. $80,433 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 2024. 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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