Phillips Free Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 193,237 | 193,341 | −104 | 110.0 | 35% |
| 2012 | 197,969 | 208,502 | −10,533 | 105.5 | 35% |
| 2013 | 228,174 | 216,921 | 11,253 | 103.5 | 35% |
| 2014 | 210,840 | 249,921 | −39,081 | 93.2 | 33% |
| 2015 | 69,586 | 118,961 | −49,375 | 191.1 | 38% |
| 2016 | 213,928 | 253,641 | −39,713 | 84.3 | 39% |
| 2017 | 229,864 | 232,890 | −3,026 | 100.4 | 44% |
| 2018 | 228,298 | 247,167 | −18,869 | 100.6 | 43% |
| 2019 | 260,735 | 261,347 | −612 | 98.0 | 42% |
| 2020 | 262,193 | 287,459 | −25,266 | 107.3 | 44% |
| 2021 | 252,971 | 258,747 | −5,776 | 150.8 | 46% |
| 2022 | 254,921 | 289,801 | −34,880 | 129.8 | 44% |
| 2023 | 265,444 | 323,017 | −57,573 | 141.2 | 42% |
In its most recent public year (2023), this organization spent $57,573 more than it brought in. Its reserves stood at about 141.2 months of spending, up from 110 in 2011. Staff pay was 42% 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
Phillips 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