Canton Free Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 338,487 | 410,319 | −71,832 | 65.5 | 52% |
| 2012 | 286,392 | 365,504 | −79,112 | 73.9 | 57% |
| 2013 | 333,252 | 364,061 | −30,809 | 78.2 | 56% |
| 2014 | 398,182 | 400,618 | −2,436 | 72.8 | 57% |
| 2015 | 382,733 | 410,106 | −27,373 | 67.7 | 58% |
| 2016 | 411,623 | 432,446 | −20,823 | 67.4 | 58% |
| 2017 | 726,516 | 430,010 | 296,506 | 76.0 | 59% |
| 2018 | 500,418 | 456,602 | 43,816 | 69.4 | 59% |
| 2019 | 477,563 | 481,844 | −4,281 | 74.9 | 59% |
| 2020 | 475,000 | 455,216 | 19,784 | 83.8 | 66% |
| 2021 | 474,778 | 520,255 | −45,477 | 80.9 | 61% |
| 2022 | 562,629 | 525,906 | 36,723 | 72.6 | 65% |
| 2023 | 671,406 | 627,142 | 44,264 | 61.4 | 60% |
In its most recent public year (2023), this organization brought in $44,264 more than it spent. Its reserves stood at about 61.4 months of spending, down from 65.5 in 2011. Staff pay was 60% 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
Canton 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