Steamboat Reading Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 108,238 | 97,483 | 10,755 | 1.3 | 41% |
| 2020 | 129,651 | 116,121 | 13,530 | 2.5 | 40% |
| 2021 | 219,709 | 175,341 | 44,368 | 4.7 | 33% |
| 2022 | 247,740 | 208,848 | 38,892 | 6.2 | 40% |
| 2023 | 419,588 | 312,371 | 107,217 | 8.3 | 47% |
In its most recent public year (2023), this organization brought in $107,217 more than it spent. Its reserves stood at about 8.3 months of spending, up from 1.3 in 2019. Staff pay was 47% 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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