Lakes Region Model Train Museum
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 29,950 | 3,973 | 25,977 | 78.5 | 0% |
| 2018 | 19,965 | 2,208 | 17,757 | 237.7 | 0% |
| 2019 | 101,950 | 1,888 | 100,062 | 914.0 | 0% |
| 2020 | 145,170 | 3,318 | 141,852 | 1033.1 | 0% |
| 2021 | 60,758 | 2,917 | 57,841 | 1413.1 | 0% |
| 2022 | 30,514 | 3,801 | 26,713 | 1168.8 | 0% |
| 2023 | 132,630 | 29,035 | 103,595 | 195.8 | 0% |
In its most recent public year (2023), this organization brought in $103,595 more than it spent. Its reserves stood at about 195.8 months of spending, up from 78.5 in 2017. Staff pay was 0% 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
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