Falmouth Memorial Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 595,429 | 610,570 | −15,141 | 18.7 | 10% |
| 2012 | 669,600 | 620,451 | 49,149 | 19.5 | 48% |
| 2013 | 571,128 | 585,468 | −14,340 | 21.0 | 55% |
| 2014 | 616,329 | 659,053 | −42,724 | 19.0 | 50% |
| 2015 | 910,886 | 651,153 | 259,733 | 24.0 | 10% |
| 2016 | 1,467,881 | 757,326 | 710,555 | 33.7 | 47% |
| 2017 | 1,415,983 | 705,022 | 710,961 | 48.3 | 55% |
| 2018 | 4,229,667 | 690,337 | 3,539,330 | 112.8 | 57% |
| 2019 | 1,562,055 | 666,303 | 895,752 | 133.0 | 55% |
| 2020 | 701,512 | 580,969 | 120,543 | 155.0 | 58% |
| 2021 | 887,143 | 779,744 | 107,399 | 66.6 | 50% |
| 2022 | 754,960 | 909,392 | −154,432 | 55.3 | 46% |
| 2023 | 1,230,100 | 996,465 | 233,635 | 53.3 | 50% |
| 2024 | 1,168,978 | 1,101,654 | 67,324 | 49.2 | 52% |
In its most recent public year (2024), this organization brought in $67,324 more than it spent. Its reserves stood at about 49.2 months of spending, up from 18.7 in 2011. Staff pay was 52% of spending. $463,395 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 2024. 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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