Dexter Free Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 58,745 | 54,888 | 3,857 | 61.1 | — |
| 2018 | 102,220 | 73,360 | 28,860 | 44.7 | — |
| 2019 | 74,717 | 58,146 | 16,571 | 59.8 | — |
| 2020 | 62,356 | 61,004 | 1,352 | 57.2 | — |
| 2021 | 62,299 | 60,380 | 1,919 | 58.2 | — |
| 2022 | 61,880 | 79,443 | −17,563 | 41.6 | — |
| 2023 | 61,514 | 61,061 | 453 | 54.2 | — |
In its most recent public year (2023), this organization brought in $453 more than it spent. Its reserves stood at about 54.2 months of spending, down from 61.1 in 2016.
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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