Locust Valley Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,495,122 | 1,496,273 | −1,151 | 15.6 | 54% |
| 2012 | 1,536,554 | 1,455,234 | 81,320 | 16.8 | 54% |
| 2013 | 1,542,462 | 1,458,715 | 83,747 | 17.5 | 54% |
| 2014 | 1,547,480 | 1,525,252 | 22,228 | 16.9 | 53% |
| 2015 | 1,723,117 | 1,518,429 | 204,688 | 18.6 | 52% |
| 2016 | 1,725,532 | 1,584,793 | 140,739 | 18.9 | 51% |
| 2017 | 1,643,487 | 1,596,749 | 46,738 | 19.1 | 51% |
| 2018 | 1,623,478 | 1,654,055 | −30,577 | 9.7 | 49% |
| 2019 | 1,737,685 | 1,692,700 | 44,985 | 9.8 | 47% |
| 2020 | 1,594,333 | 1,678,714 | −84,381 | 9.3 | 50% |
| 2021 | 1,996,762 | 1,691,274 | 305,488 | 11.4 | 48% |
| 2022 | 1,646,536 | 1,766,583 | −120,047 | 9.4 | 48% |
| 2023 | 1,702,873 | 1,750,758 | −47,885 | 9.4 | 49% |
| 2024 | 1,832,209 | 1,720,026 | 112,183 | 10.7 | 51% |
In its most recent public year (2024), this organization brought in $112,183 more than it spent. Its reserves stood at about 10.7 months of spending, down from 15.6 in 2011. Staff pay was 51% 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 2024. 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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