Westport Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 76,239 | 73,914 | 2,325 | 85.8 | 49% |
| 2012 | 72,461 | 67,847 | 4,614 | 97.2 | 43% |
| 2013 | 66,858 | 64,831 | 2,027 | 111.4 | 47% |
| 2014 | 136,852 | 67,982 | 68,870 | 118.7 | 45% |
| 2015 | 67,524 | 70,739 | −3,215 | 111.4 | 45% |
| 2016 | 63,340 | 67,249 | −3,909 | 119.9 | 48% |
| 2017 | 72,408 | 73,886 | −1,478 | 114.0 | 50% |
| 2018 | 85,485 | 75,755 | 9,730 | 106.2 | 50% |
| 2019 | 80,050 | 78,473 | 1,577 | 111.1 | 47% |
| 2020 | 69,347 | 67,708 | 1,639 | 136.7 | 53% |
| 2021 | 96,821 | 89,620 | 7,201 | 112.9 | 39% |
| 2022 | 81,730 | 99,488 | −17,758 | 88.6 | 44% |
| 2023 | 140,119 | 99,559 | 40,560 | 100.8 | 44% |
In its most recent public year (2023), this organization brought in $40,560 more than it spent. Its reserves stood at about 100.8 months of spending, up from 85.8 in 2011. Staff pay was 44% of spending. $43,743 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
Westport Library Association'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