Oceanside Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 4,184,581 | 4,014,038 | 170,543 | 12.5 | 51% |
| 2013 | 4,246,432 | 4,026,128 | 220,304 | 13.1 | 50% |
| 2014 | 4,359,935 | 4,350,123 | 9,812 | 11.8 | 46% |
| 2015 | 4,408,323 | 4,389,908 | 18,415 | 11.4 | 49% |
| 2016 | 4,455,034 | 4,804,273 | −349,239 | 9.5 | 47% |
| 2017 | 4,470,837 | 4,809,391 | −338,554 | 8.7 | 47% |
| 2018 | 4,574,499 | 4,639,193 | −64,694 | 2.2 | 47% |
| 2019 | 4,703,508 | 4,895,326 | −191,818 | 1.6 | 45% |
| 2020 | 4,833,747 | 5,205,076 | −371,329 | 0.7 | 46% |
| 2021 | 6,938,843 | 5,203,312 | 1,735,531 | 4.7 | 46% |
| 2022 | 6,978,242 | 6,600,041 | 378,201 | 4.1 | 38% |
| 2023 | 7,736,608 | 7,502,970 | 233,638 | 4.4 | 36% |
In its most recent public year (2023), this organization brought in $233,638 more than it spent. Its reserves stood at about 4.4 months of spending, down from 12.5 in 2012. Staff pay was 36% of spending. $17,975,314 of its net assets are donor-restricted.
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
Oceanside 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