Adams Free Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 55,089 | 37,605 | 17,484 | 23.0 | — |
| 2012 | 54,359 | 38,752 | 15,607 | 28.0 | — |
| 2013 | 55,831 | 44,142 | 11,689 | 25.7 | — |
| 2014 | 59,807 | 42,024 | 17,783 | 37.2 | — |
| 2015 | 58,175 | 43,603 | 14,572 | 39.1 | — |
| 2016 | 59,538 | 45,324 | 14,214 | 43.4 | — |
| 2017 | 56,410 | 45,608 | 10,802 | 46.6 | — |
| 2018 | 57,449 | 50,646 | 6,803 | 44.0 | — |
| 2019 | 60,506 | 51,084 | 9,422 | 45.6 | — |
| 2020 | 53,203 | 42,450 | 10,753 | 56.5 | — |
| 2021 | 57,735 | 48,439 | 9,296 | 54.1 | — |
| 2022 | 58,757 | 44,459 | 14,298 | 60.6 | — |
| 2023 | 57,124 | 48,789 | 8,335 | 56.0 | — |
In its most recent public year (2023), this organization brought in $8,335 more than it spent. Its reserves stood at about 56 months of spending, up from 23 in 2011.
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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