Modern Quilt Guild Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 3,208 | 1,301 | 1,907 | 17.6 | — |
| 2019 | 8,448 | 4,539 | 3,909 | 15.4 | — |
| 2020 | 7,618 | 5,033 | 2,585 | 20.0 | — |
| 2021 | 7,528 | 7,426 | 102 | 13.7 | — |
| 2022 | 16,217 | 7,251 | 8,966 | 28.9 | — |
In its most recent public year (2022), this organization brought in $8,966 more than it spent. Its reserves stood at about 28.9 months of spending, up from 17.6 in 2018.
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 2022. 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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