Friends Of The Millinocket Memorial Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 55,569 | 6,257 | 49,312 | 127.3 | — |
| 2016 | 73,162 | 20,800 | 52,362 | 68.5 | — |
| 2017 | 344,925 | 417,598 | −72,673 | 1.3 | 0% |
| 2018 | 281,588 | 285,544 | −3,956 | 1.8 | 0% |
| 2019 | 30,102 | 25,110 | 4,992 | 22.5 | 0% |
| 2020 | 11,041 | 24,597 | −13,556 | 16.4 | 0% |
| 2021 | 18,128 | 22,822 | −4,694 | 15.2 | 0% |
| 2022 | 30,504 | 22,004 | 8,500 | 20.4 | 0% |
| 2023 | 19,174 | 22,446 | −3,272 | 18.2 | 0% |
In its most recent public year (2023), this organization spent $3,272 more than it brought in. Its reserves stood at about 18.2 months of spending, down from 127.3 in 2015. Staff pay was 0% 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
Friends Of The Millinocket Memorial Library'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