Bangor Public Library Trustees
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,727,241 | 2,827,836 | 899,405 | 78.8 | 48% |
| 2012 | 1,849,769 | 2,558,481 | −708,712 | 80.8 | 51% |
| 2013 | 6,589,690 | 2,962,304 | 3,627,386 | 86.3 | 44% |
| 2014 | 6,082,633 | 2,741,121 | 3,341,512 | 115.1 | 49% |
| 2015 | 3,305,437 | 2,816,677 | 488,760 | 111.5 | 47% |
| 2016 | 2,675,803 | 2,878,584 | −202,781 | 103.7 | 47% |
| 2017 | 2,552,274 | 2,840,457 | −288,183 | 107.4 | 47% |
| 2018 | 2,408,644 | 2,935,685 | −527,041 | 103.1 | 46% |
| 2019 | 1,914,722 | 2,996,243 | −1,081,521 | 98.3 | 44% |
| 2020 | 2,122,545 | 2,979,297 | −856,752 | 95.6 | 48% |
| 2021 | 2,775,295 | 2,986,362 | −211,067 | 102.9 | 47% |
| 2022 | 3,718,608 | 3,200,340 | 518,268 | 87.5 | 48% |
| 2023 | 3,175,539 | 3,428,178 | −252,639 | 83.2 | 47% |
In its most recent public year (2023), this organization spent $252,639 more than it brought in. Its reserves stood at about 83.2 months of spending, up from 78.8 in 2011. Staff pay was 47% of spending. $12,894,704 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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