Victor Farmington Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 431,762 | 403,540 | 28,222 | 16.1 | 52% |
| 2012 | 433,481 | 401,077 | 32,404 | 17.2 | 50% |
| 2013 | 437,892 | 406,614 | 31,278 | 17.9 | 51% |
| 2014 | 465,652 | 494,235 | −28,583 | 14.9 | 51% |
| 2015 | 469,454 | 540,389 | −70,935 | 12.0 | 55% |
| 2016 | 530,193 | 534,274 | −4,081 | 12.1 | 58% |
| 2017 | 526,544 | 524,777 | 1,767 | 12.5 | 60% |
| 2018 | 555,255 | 525,107 | 30,148 | 13.1 | 58% |
| 2019 | 615,557 | 560,898 | 54,659 | 13.5 | 57% |
| 2020 | 688,812 | 619,825 | 68,987 | 13.6 | 60% |
| 2021 | 815,781 | 654,297 | 161,484 | 15.9 | 59% |
| 2022 | 975,489 | 772,031 | 203,458 | 10.0 | 57% |
| 2023 | 987,299 | 792,957 | 194,342 | 12.7 | 58% |
In its most recent public year (2023), this organization brought in $194,342 more than it spent. Its reserves stood at about 12.7 months of spending, down from 16.1 in 2011. Staff pay was 58% of spending. $10,000 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
Victor Farmington Library'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