Palisades Free Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 527,833 | 518,914 | 8,919 | 17.3 | 52% |
| 2012 | 547,865 | 502,534 | 45,331 | 19.0 | 52% |
| 2013 | 609,681 | 511,028 | 98,653 | 21.2 | 53% |
| 2014 | 445,677 | 482,825 | −37,148 | 21.5 | 54% |
| 2015 | 462,854 | 472,278 | −9,424 | 21.8 | 56% |
| 2016 | 459,461 | 473,244 | −13,783 | 21.4 | 58% |
| 2017 | 497,114 | 488,616 | 8,498 | 20.9 | 58% |
| 2018 | 0 | 27,666 | −27,666 | 170.1 | — |
| 2019 | 474,204 | 489,912 | −15,708 | 19.7 | 57% |
| 2020 | 468,434 | 467,849 | 585 | 21.1 | 58% |
| 2021 | 560,603 | 501,897 | 58,706 | 21.1 | 57% |
| 2022 | 532,423 | 517,389 | 15,034 | 20.8 | 56% |
| 2023 | 515,545 | 531,660 | −16,115 | 19.9 | 20% |
In its most recent public year (2023), this organization spent $16,115 more than it brought in. Its reserves stood at about 19.9 months of spending, up from 17.3 in 2011. Staff pay was 20% of spending. $121,135 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
Palisades Free 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