Skandia Folkdance Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 37,300 | 31,662 | 5,638 | 41.4 | — |
| 2021 | 32,911 | 33,806 | −895 | 38.5 | — |
| 2022 | 53,720 | 56,373 | −2,653 | 22.5 | — |
| 2023 | 66,135 | 66,492 | −357 | 19.2 | — |
| 2024 | 80,133 | 90,068 | −9,935 | 12.9 | — |
In its most recent public year (2024), this organization spent $9,935 more than it brought in. Its reserves stood at about 12.9 months of spending, down from 41.4 in 2020.
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 2024. 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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