Potsdam Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 591,029 | 610,430 | −19,401 | 13.8 | 51% |
| 2013 | 597,893 | 633,329 | −35,436 | 12.6 | 49% |
| 2014 | 525,292 | 595,362 | −70,070 | 12.0 | 51% |
| 2015 | 550,607 | 584,595 | −33,988 | 11.5 | 51% |
| 2016 | 566,715 | 562,450 | 4,265 | 12.0 | 51% |
| 2017 | 596,215 | 583,161 | 13,054 | 11.9 | 50% |
| 2018 | 620,041 | 655,724 | −35,683 | 9.9 | 57% |
| 2019 | 845,788 | 622,524 | 223,264 | 15.8 | 58% |
| 2020 | 883,037 | 596,645 | 286,392 | 22.1 | 64% |
| 2021 | 982,637 | 553,324 | 429,313 | 33.2 | 68% |
| 2022 | 707,739 | 637,441 | 70,298 | 29.8 | 63% |
| 2023 | 686,146 | 648,843 | 37,303 | 29.9 | 64% |
In its most recent public year (2023), this organization brought in $37,303 more than it spent. Its reserves stood at about 29.9 months of spending, up from 13.8 in 2012. Staff pay was 64% 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
Potsdam Public 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