Minnesota Scottish Fair & Highland Games
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 27,901 | 59,509 | −31,608 | -6.1 | — |
| 2020 | 14,325 | 16,053 | −1,728 | 4.3 | — |
In its most recent public year (2020), this organization spent $1,728 more than it brought in. Its reserves stood at about 4.3 months of spending, up from -6.1 in 2019.
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 2020. 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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