Grant Wood Mississippi River Region Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 303,254 | 313,135 | −9,881 | 0.2 | 0% |
| 2019 | 1,689,539 | 1,525,932 | 163,607 | 1.3 | 0% |
| 2020 | 9,406 | 76,663 | −67,257 | 15.9 | 0% |
| 2021 | 57,968 | 111,244 | −53,276 | 5.2 | 34% |
In its most recent public year (2021), this organization spent $53,276 more than it brought in. Its reserves stood at about 5.2 months of spending, up from 0.2 in 2018. Staff pay was 34% 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 2021. 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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