Kennedy Free Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 43,250 | 29,561 | 13,689 | 95.1 | — |
| 2011 | 45,246 | 32,168 | 13,078 | 90.7 | — |
| 2012 | 69,488 | 33,085 | 36,403 | 101.1 | — |
| 2013 | 53,850 | 33,211 | 20,639 | 108.2 | — |
| 2014 | 247,266 | 48,992 | 198,274 | 121.9 | 42% |
| 2015 | 54,969 | 73,267 | −18,298 | 78.5 | — |
| 2016 | 64,033 | 70,987 | −6,954 | 79.9 | — |
| 2017 | 57,739 | 66,743 | −9,004 | 83.3 | — |
| 2018 | 54,153 | 63,310 | −9,157 | 86.1 | — |
| 2019 | 61,612 | 62,054 | −442 | 87.8 | — |
| 2020 | 92,592 | 59,822 | 32,770 | 97.6 | — |
| 2021 | 82,281 | 67,146 | 15,135 | 82.8 | — |
| 2022 | 105,410 | 83,149 | 22,261 | 70.1 | — |
| 2023 | 59,943 | 104,422 | −44,479 | 50.7 | — |
In its most recent public year (2023), this organization spent $44,479 more than it brought in. Its reserves stood at about 50.7 months of spending, down from 95.1 in 2010.
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
Kennedy Free 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