Kennebunk Free Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 692,765 | 735,802 | −43,037 | 34.9 | 55% |
| 2013 | 904,577 | 716,868 | 187,709 | 35.9 | 57% |
| 2014 | 745,006 | 759,039 | −14,033 | 35.7 | 57% |
| 2015 | 693,312 | 777,133 | −83,821 | 33.4 | 58% |
| 2016 | 781,568 | 821,096 | −39,528 | 31.0 | 56% |
| 2017 | 1,098,577 | 815,286 | 283,291 | 37.1 | 58% |
| 2018 | 786,959 | 847,935 | −60,976 | 35.5 | 57% |
| 2019 | 785,853 | 911,334 | −125,481 | 31.6 | 56% |
| 2020 | 844,440 | 917,972 | −73,532 | 30.1 | 59% |
| 2021 | 940,463 | 906,899 | 33,564 | 35.9 | 59% |
| 2022 | 951,000 | 1,030,905 | −79,905 | 26.7 | 58% |
| 2023 | 924,642 | 1,094,212 | −169,570 | 24.5 | 58% |
In its most recent public year (2023), this organization spent $169,570 more than it brought in. Its reserves stood at about 24.5 months of spending, down from 34.9 in 2012. Staff pay was 58% of spending. $68,395 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
Kennebunk Free Library Association'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