South Dakota News Watch
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 123,168 | 43,196 | 79,972 | 22.2 | — |
| 2018 | 199,080 | 158,928 | 40,152 | 9.1 | — |
| 2019 | 334,356 | 213,290 | 121,066 | 13.6 | 39% |
| 2020 | 329,011 | 270,520 | 58,491 | 13.3 | 50% |
| 2021 | 360,078 | 303,526 | 56,552 | 14.1 | 55% |
| 2022 | 551,771 | 366,152 | 185,619 | 17.8 | 60% |
| 2023 | 446,390 | 547,308 | −100,918 | 9.9 | 68% |
In its most recent public year (2023), this organization spent $100,918 more than it brought in. Its reserves stood at about 9.9 months of spending, down from 22.2 in 2017. Staff pay was 68% of spending. $101,600 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
South Dakota News Watch'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