Wood Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,172,611 | 836,362 | 336,249 | 112.6 | 56% |
| 2012 | 868,253 | 730,950 | 137,303 | 136.4 | 56% |
| 2013 | 1,284,215 | 835,144 | 449,071 | 132.9 | 54% |
| 2014 | 920,098 | 997,528 | −77,430 | 72.7 | 47% |
| 2015 | 906,299 | 920,008 | −13,709 | 80.8 | 52% |
| 2016 | 925,306 | 882,091 | 43,215 | 87.2 | 53% |
| 2017 | 1,031,574 | 961,231 | 70,343 | 85.7 | 56% |
| 2018 | 1,081,156 | 1,072,231 | 8,925 | 71.1 | 55% |
| 2019 | 1,645,903 | 1,063,938 | 581,965 | 78.1 | 56% |
| 2020 | 1,129,229 | 973,295 | 155,934 | 92.3 | 60% |
| 2021 | 1,278,631 | 1,046,622 | 232,009 | 91.6 | 57% |
| 2022 | 1,164,552 | 1,200,500 | −35,948 | 72.6 | 59% |
| 2023 | 1,673,120 | 1,319,163 | 353,957 | 73.9 | 60% |
In its most recent public year (2023), this organization brought in $353,957 more than it spent. Its reserves stood at about 73.9 months of spending, down from 112.6 in 2011. Staff pay was 60% of spending. $375,066 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
Wood Library Association's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works