Western States Petroleum Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 33,413,194 | 29,546,023 | 3,867,171 | 1.9 | 22% |
| 2021 | 30,827,581 | 29,532,292 | 1,295,289 | 2.4 | 26% |
| 2022 | 31,292,886 | 31,834,395 | −541,509 | 2.0 | 26% |
| 2023 | 36,052,448 | 35,031,870 | 1,020,578 | 2.0 | 24% |
In its most recent public year (2023), this organization brought in $1,020,578 more than it spent. Its reserves stood at about 2 months of spending. Staff pay was 24% of spending. $1,492,489 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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