Louis T Graves Memorial Public Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 274,391 | 282,878 | −8,487 | 73.3 | 16% |
| 2012 | 445,388 | 291,455 | 153,933 | 79.2 | 45% |
| 2013 | 808,798 | 305,340 | 503,458 | 101.6 | 49% |
| 2014 | 301,582 | 306,249 | −4,667 | 102.3 | 48% |
| 2015 | 603,536 | 316,778 | 286,758 | 98.3 | 47% |
| 2016 | 887,098 | 319,794 | 567,304 | 120.8 | 49% |
| 2017 | 656,146 | 336,765 | 319,381 | 133.4 | 50% |
| 2018 | 558,458 | 424,215 | 134,243 | 104.5 | 38% |
| 2019 | 415,661 | 387,903 | 27,758 | 122.4 | 45% |
| 2020 | 785,667 | 407,208 | 378,459 | 130.4 | 45% |
| 2021 | 631,926 | 404,500 | 227,426 | 139.7 | 46% |
| 2022 | 465,929 | 468,070 | −2,141 | 107.0 | 0% |
| 2023 | 595,596 | 519,895 | 75,701 | 102.1 | 49% |
In its most recent public year (2023), this organization brought in $75,701 more than it spent. Its reserves stood at about 102.1 months of spending, up from 73.3 in 2011. Staff pay was 49% of spending.
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
Louis T Graves Memorial Public 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