Finger Lakes Library Systems
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,645,015 | 1,442,423 | 202,592 | 26.2 | 38% |
| 2021 | 1,662,099 | 1,432,869 | 229,230 | 28.3 | 35% |
| 2022 | 1,768,257 | 1,489,538 | 278,719 | 29.5 | 32% |
| 2023 | 2,163,285 | 1,525,845 | 637,440 | 33.8 | 35% |
In its most recent public year (2023), this organization brought in $637,440 more than it spent. Its reserves stood at about 33.8 months of spending, up from 26.2 in 2020. Staff pay was 35% of spending. $429,783 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
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