Newport Car Museum Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 1,500,100 | 0 | 1,500,100 | — | — |
| 2017 | 916,885 | 835,762 | 81,123 | 22.7 | 14% |
| 2018 | 550,879 | 1,087,676 | −536,797 | 11.5 | 28% |
| 2019 | 652,716 | 1,114,367 | −461,651 | 6.3 | 30% |
| 2020 | 1,496,440 | 1,096,787 | 399,653 | 10.7 | 29% |
| 2021 | 2,440,575 | 1,305,601 | 1,134,974 | 19.5 | 27% |
| 2022 | 1,403,601 | 1,572,442 | −168,841 | 14.9 | 30% |
| 2023 | 1,319,830 | 1,910,798 | −590,968 | 8.5 | 36% |
In its most recent public year (2023), this organization spent $590,968 more than it brought in. Its reserves stood at about 8.5 months of spending. Staff pay was 36% 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
Newport Car Museum Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works