Northeast Mississippi Museum Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 74,793 | 26,076 | 48,717 | 53.7 | 27% |
| 2021 | 76,592 | 47,381 | 29,211 | 37.0 | 26% |
| 2022 | 57,413 | 49,654 | 7,759 | 37.1 | 29% |
| 2023 | 38,902 | 53,289 | −14,387 | 31.4 | 25% |
In its most recent public year (2023), this organization spent $14,387 more than it brought in. Its reserves stood at about 31.4 months of spending, down from 53.7 in 2020. Staff pay was 25% 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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