Sharon Historical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 182,114 | 206,241 | −24,127 | 71.8 | 28% |
| 2021 | 551,285 | 173,875 | 377,410 | 113.1 | 37% |
| 2022 | 203,128 | 232,125 | −28,997 | 87.8 | 31% |
| 2023 | 174,689 | 231,982 | −57,293 | 81.5 | 33% |
In its most recent public year (2023), this organization spent $57,293 more than it brought in. Its reserves stood at about 81.5 months of spending, up from 71.8 in 2020. Staff pay was 33% of spending. $43,732 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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