Riverfront Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 33,307 | 37,061 | −3,754 | 0.0 | — |
| 2020 | 59,288 | 46,315 | 12,973 | 3.4 | — |
| 2021 | 32,383 | 42,147 | −9,764 | 0.9 | — |
| 2022 | 89,774 | 40,671 | 49,103 | 15.4 | — |
| 2023 | 7,372 | 47,575 | −40,203 | 3.1 | — |
In its most recent public year (2023), this organization spent $40,203 more than it brought in. Its reserves stood at about 3.1 months of spending, up from 0 in 2019.
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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