Lake Placid Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 263,318 | 256,737 | 6,581 | 10.9 | 54% |
| 2013 | 264,779 | 246,447 | 18,332 | 12.3 | 54% |
| 2014 | 306,228 | 274,632 | 31,596 | 12.4 | 54% |
| 2015 | 299,095 | 235,125 | 63,970 | 17.7 | 54% |
| 2016 | 279,726 | 276,871 | 2,855 | 15.2 | 53% |
| 2017 | 336,553 | 314,084 | 22,469 | 14.2 | 48% |
| 2018 | 338,615 | 328,617 | 9,998 | 14.0 | 52% |
| 2019 | 342,424 | 317,434 | 24,990 | 15.4 | 54% |
| 2020 | 330,074 | 300,806 | 29,268 | 17.4 | 57% |
| 2021 | 373,478 | 294,842 | 78,636 | 21.0 | 52% |
| 2022 | 344,085 | 335,046 | 9,039 | 18.8 | 50% |
| 2023 | 389,077 | 353,169 | 35,908 | 19.0 | 50% |
| 2024 | 404,801 | 347,951 | 56,850 | 21.3 | 51% |
In its most recent public year (2024), this organization brought in $56,850 more than it spent. Its reserves stood at about 21.3 months of spending, up from 10.9 in 2012. 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
Lake Placid Public Library's IRS filings as a feed — one entry per filing year, through 2024. 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