New London County Historical Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 94,276 | 98,425 | −4,149 | 94.9 | 46% |
| 2021 | 125,505 | 95,850 | 29,655 | 107.9 | 49% |
| 2022 | 88,751 | 115,595 | −26,844 | 75.9 | 40% |
| 2023 | 86,187 | 103,579 | −17,392 | 87.2 | 46% |
In its most recent public year (2023), this organization spent $17,392 more than it brought in. Its reserves stood at about 87.2 months of spending, down from 94.9 in 2020. Staff pay was 46% of spending. $20,039 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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