Maine Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 59,807 | 60,736 | −929 | 15.6 | — |
| 2012 | 79,562 | 85,458 | −5,896 | 10.0 | — |
| 2019 | 81,930 | 45,444 | 36,486 | 26.1 | — |
| 2020 | 69,248 | 55,658 | 13,590 | 27.6 | — |
| 2021 | 26,936 | 25,834 | 1,102 | 59.8 | — |
| 2022 | 57,683 | 57,302 | 381 | 27.1 | — |
| 2023 | 88,174 | 91,774 | −3,600 | 16.4 | — |
In its most recent public year (2023), this organization spent $3,600 more than it brought in. Its reserves stood at about 16.4 months 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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