Friends Of The Longmont Museum
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 43,515 | 62,830 | −19,315 | 61.7 | 0% |
| 2012 | 319,718 | 91,853 | 227,865 | 73.7 | 0% |
| 2013 | 957,991 | 1,198,148 | −240,157 | 3.4 | 0% |
| 2014 | 918,227 | 958,496 | −40,269 | 3.8 | 0% |
| 2015 | 343,187 | 252,239 | 90,948 | 18.2 | 0% |
| 2016 | 93,444 | 207,294 | −113,850 | 16.0 | 0% |
| 2017 | 95,909 | 78,566 | 17,343 | 48.7 | 0% |
| 2018 | 49,332 | 94,115 | −44,783 | 32.2 | 0% |
| 2019 | 124,750 | 81,035 | 43,715 | 47.9 | 0% |
| 2020 | 213,248 | 76,399 | 136,849 | 74.8 | 0% |
| 2021 | 1,279,114 | 23,606 | 1,255,508 | 892.4 | 0% |
| 2022 | 51,186 | 51,377 | −191 | 361.9 | 0% |
| 2023 | 1,232,439 | 476,563 | 755,876 | 63.8 | 0% |
In its most recent public year (2023), this organization brought in $755,876 more than it spent. Its reserves stood at about 63.8 months of spending, up from 61.7 in 2011. Staff pay was 0% of spending. $931,440 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
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