Brunswick Public Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,090,172 | 1,968,025 | 122,147 | 19.6 | 58% |
| 2021 | 2,415,343 | 1,839,558 | 575,785 | 29.5 | 53% |
| 2022 | 2,568,620 | 2,013,564 | 555,056 | 26.3 | 55% |
| 2023 | 3,265,738 | 2,236,042 | 1,029,696 | 31.3 | 53% |
In its most recent public year (2023), this organization brought in $1,029,696 more than it spent. Its reserves stood at about 31.3 months of spending, up from 19.6 in 2020. Staff pay was 53% of spending. $2,782,308 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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