Franklin Free Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 65,153 | 51,646 | 13,507 | 66.0 | — |
| 2012 | 58,506 | 48,365 | 10,141 | 74.8 | — |
| 2013 | 59,242 | 52,101 | 7,141 | 72.5 | — |
| 2014 | 82,270 | 50,355 | 31,915 | 79.7 | — |
| 2015 | 62,923 | 45,728 | 17,195 | 88.7 | — |
| 2016 | 58,169 | 42,098 | 16,071 | 103.1 | — |
| 2017 | 192,553 | 42,459 | 150,094 | 148.1 | 39% |
| 2018 | 64,536 | 47,161 | 17,375 | 134.4 | 38% |
| 2019 | 76,212 | 48,911 | 27,301 | 142.4 | 39% |
| 2020 | 61,987 | 54,429 | 7,558 | 131.2 | 38% |
| 2021 | 93,758 | 72,709 | 21,049 | 98.5 | 37% |
| 2022 | 60,299 | 71,753 | −11,454 | 92.8 | 46% |
| 2023 | 72,045 | 71,661 | 384 | 93.9 | 46% |
In its most recent public year (2023), this organization brought in $384 more than it spent. Its reserves stood at about 93.9 months of spending, up from 66 in 2011. Staff pay was 46% 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
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