National Corvette Museum Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 12,660,570 | 10,433,432 | 2,227,138 | 69.9 | 40% |
| 2021 | 15,403,313 | 10,828,074 | 4,575,239 | 74.0 | 37% |
| 2022 | 20,794,905 | 13,564,882 | 7,230,023 | 63.6 | 34% |
| 2023 | 18,175,052 | 15,489,060 | 2,685,992 | 58.6 | 38% |
In its most recent public year (2023), this organization brought in $2,685,992 more than it spent. Its reserves stood at about 58.6 months of spending, down from 69.9 in 2020. Staff pay was 38% of spending. $1,197,266 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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