Monroe Free Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,260,813 | 1,088,077 | 172,736 | 20.3 | 56% |
| 2012 | 1,253,226 | 1,126,141 | 127,085 | 21.0 | 59% |
| 2013 | 1,295,098 | 1,105,445 | 189,653 | 23.4 | 60% |
| 2014 | 1,450,683 | 1,301,076 | 149,607 | 21.3 | 51% |
| 2015 | 1,570,269 | 1,381,558 | 188,711 | 21.8 | 50% |
| 2016 | 1,319,372 | 1,352,954 | −33,582 | 21.9 | 51% |
| 2017 | 1,374,233 | 1,363,843 | 10,390 | 21.9 | 6% |
| 2018 | 1,361,437 | 1,385,054 | −23,617 | 21.3 | 54% |
| 2019 | 1,433,154 | 1,432,782 | 372 | 20.7 | 54% |
| 2020 | 1,529,565 | 1,528,050 | 1,515 | 19.4 | 53% |
| 2021 | 1,584,662 | 1,433,267 | 151,395 | 22.0 | 55% |
| 2022 | 1,431,127 | 1,424,837 | 6,290 | 22.1 | 55% |
| 2023 | 1,508,999 | 1,414,893 | 94,106 | 23.1 | 58% |
In its most recent public year (2023), this organization brought in $94,106 more than it spent. Its reserves stood at about 23.1 months of spending, up from 20.3 in 2011. Staff pay was 58% of spending. $500 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
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