Peabody Memorial Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 46,840 | 38,998 | 7,842 | 64.2 | — |
| 2012 | 56,824 | 46,499 | 10,325 | 56.5 | — |
| 2015 | 341,925 | 41,989 | 299,936 | 146.9 | 44% |
| 2016 | 45,667 | 42,155 | 3,512 | 143.9 | 46% |
| 2017 | 42,717 | 39,073 | 3,644 | 171.0 | 53% |
| 2018 | 57,784 | 50,108 | 7,676 | 135.2 | 41% |
| 2019 | 40,252 | 48,518 | −8,266 | 152.1 | 42% |
| 2020 | 40,007 | 47,972 | −7,965 | 169.9 | 42% |
| 2021 | 43,415 | 50,026 | −6,611 | 166.5 | 40% |
| 2022 | 53,139 | 46,930 | 6,209 | 178.9 | 41% |
| 2023 | 76,717 | 56,178 | 20,539 | 131.9 | 40% |
In its most recent public year (2023), this organization brought in $20,539 more than it spent. Its reserves stood at about 131.9 months of spending, up from 64.2 in 2011. Staff pay was 40% 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
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