Wayland Free Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 183,811 | 203,456 | −19,645 | 72.7 | 45% |
| 2021 | 194,826 | 170,900 | 23,926 | 96.3 | 45% |
| 2022 | 224,060 | 214,291 | 9,769 | 74.9 | 55% |
| 2023 | 225,628 | 221,913 | 3,715 | 72.4 | 54% |
In its most recent public year (2023), this organization brought in $3,715 more than it spent. Its reserves stood at about 72.4 months of spending. Staff pay was 54% 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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