Free Library Of The Belmont Literary & Historical Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 40,645 | 47,521 | −6,876 | 73.1 | 51% |
| 2012 | 91,441 | 46,214 | 45,227 | 93.7 | 52% |
| 2013 | 49,356 | 48,613 | 743 | 103.1 | 50% |
| 2014 | 44,624 | 48,496 | −3,872 | 101.1 | 51% |
| 2015 | 57,518 | 52,278 | 5,240 | 92.1 | 50% |
| 2016 | 66,363 | 52,012 | 14,351 | 103.6 | 51% |
| 2017 | 83,232 | 55,311 | 27,921 | 112.6 | 49% |
| 2018 | 73,840 | 54,636 | 19,204 | 112.2 | 51% |
| 2019 | 63,089 | 62,467 | 622 | 113.7 | 51% |
| 2020 | 73,969 | 65,394 | 8,575 | 110.1 | 46% |
| 2021 | 95,616 | 68,441 | 27,175 | 108.6 | 42% |
| 2022 | 58,345 | 59,682 | −1,337 | 120.7 | 45% |
| 2023 | 59,944 | 40,900 | 19,044 | 192.1 | 46% |
In its most recent public year (2023), this organization brought in $19,044 more than it spent. Its reserves stood at about 192.1 months of spending, up from 73.1 in 2011. Staff pay was 46% of spending.
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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