Boothbay Harbor Memorial Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 372,172 | 351,307 | 20,865 | 89.0 | 42% |
| 2020 | 357,700 | 330,235 | 27,465 | 98.6 | 43% |
| 2021 | 462,784 | 377,979 | 84,805 | 86.3 | 49% |
| 2022 | 474,748 | 420,976 | 53,772 | 78.7 | 44% |
| 2023 | 485,324 | 439,881 | 45,443 | 73.5 | 44% |
In its most recent public year (2023), this organization brought in $45,443 more than it spent. Its reserves stood at about 73.5 months of spending, down from 89 in 2019. Staff pay was 44% of spending. $137,683 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works