Morgan County Sorghum Festival Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 78,368 | 78,445 | −77 | 0.1 | — |
| 2012 | 93,144 | 87,178 | 5,966 | 0.9 | — |
| 2013 | 93,351 | 86,928 | 6,423 | 1.8 | — |
| 2014 | 78,653 | 84,577 | −5,924 | 1.0 | — |
| 2015 | 72,880 | 70,514 | 2,366 | 1.6 | — |
| 2016 | 72,400 | 75,820 | −3,420 | 0.9 | — |
| 2017 | 86,098 | 82,087 | 4,011 | 1.4 | — |
| 2018 | 78,747 | 87,934 | −9,187 | 0.1 | — |
| 2019 | 84,982 | 82,654 | 2,328 | 0.4 | — |
| 2020 | 11,811 | 9,397 | 2,414 | 6.8 | — |
| 2021 | 58,825 | 56,941 | 1,884 | 1.5 | — |
| 2022 | 107,929 | 106,825 | 1,104 | 0.9 | — |
| 2023 | 159,626 | 153,101 | 6,525 | 1.2 | — |
In its most recent public year (2023), this organization brought in $6,525 more than it spent. Its reserves stood at about 1.2 months of spending, up from 0.1 in 2011.
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
Morgan County Sorghum Festival Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works