Chicago Woodturners Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 15,953 | 23,047 | −7,094 | 34.8 | — |
| 2021 | 8,137 | 7,999 | 138 | 100.6 | — |
| 2022 | 64,634 | 51,213 | 13,421 | 18.5 | — |
| 2023 | 22,052 | 31,370 | −9,318 | 26.6 | — |
In its most recent public year (2023), this organization spent $9,318 more than it brought in. Its reserves stood at about 26.6 months of spending, down from 34.8 in 2020.
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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