New City Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,824,052 | 4,936,977 | −112,925 | 7.0 | 57% |
| 2012 | 4,929,926 | 4,583,040 | 346,886 | 8.5 | 55% |
| 2013 | 5,113,853 | 4,519,944 | 593,909 | 10.2 | 53% |
| 2014 | 5,091,290 | 4,905,230 | 186,060 | 9.8 | 54% |
| 2015 | 5,177,902 | 4,986,864 | 191,038 | 10.3 | 56% |
| 2016 | 5,245,243 | 4,673,644 | 571,599 | 12.5 | 54% |
| 2017 | 5,288,989 | 4,562,302 | 726,687 | 14.7 | 52% |
| 2018 | 5,277,162 | 4,553,151 | 724,011 | 16.6 | 52% |
| 2019 | 5,352,974 | 4,553,047 | 799,927 | 18.7 | 55% |
| 2020 | 5,464,903 | 4,807,315 | 657,588 | 19.4 | 54% |
| 2021 | 5,539,959 | 4,434,050 | 1,105,909 | 24.0 | 54% |
| 2022 | 6,151,626 | 4,772,732 | 1,378,894 | 25.2 | 52% |
| 2023 | 6,136,764 | 4,647,192 | 1,489,572 | 29.8 | 50% |
In its most recent public year (2023), this organization brought in $1,489,572 more than it spent. Its reserves stood at about 29.8 months of spending, up from 7 in 2011. Staff pay was 50% 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
New City 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