Whatcom Museum Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 607,467 | 770,786 | −163,319 | 62.5 | 43% |
| 2012 | 924,797 | 772,246 | 152,551 | 66.6 | 35% |
| 2013 | 890,299 | 821,338 | 68,961 | 64.4 | 34% |
| 2014 | 824,504 | 756,154 | 68,350 | 70.2 | 38% |
| 2015 | 813,936 | 847,771 | −33,835 | 59.2 | 37% |
| 2016 | 679,311 | 834,581 | −155,270 | 58.6 | 40% |
| 2017 | 1,209,510 | 905,944 | 303,566 | 60.0 | 42% |
| 2018 | 1,232,814 | 1,018,207 | 214,607 | 52.2 | 39% |
| 2019 | 1,123,852 | 1,104,277 | 19,575 | 52.8 | 52% |
| 2020 | 1,311,993 | 1,086,422 | 225,571 | 59.7 | 57% |
| 2021 | 1,260,854 | 1,161,301 | 99,553 | 60.0 | 52% |
| 2022 | 1,304,342 | 1,433,398 | −129,056 | 41.1 | 51% |
| 2023 | 1,605,394 | 1,730,777 | −125,383 | 35.6 | 50% |
In its most recent public year (2023), this organization spent $125,383 more than it brought in. Its reserves stood at about 35.6 months of spending, down from 62.5 in 2011. Staff pay was 50% of spending. $2,693,960 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
Whatcom Museum Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works