Gowanda Free Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 27,555 | 71,654 | −44,099 | 42.8 | 16% |
| 2021 | 73,603 | 89,753 | −16,150 | 34.2 | 57% |
| 2022 | 79,362 | 90,848 | −11,486 | 32.3 | 58% |
| 2023 | 83,806 | 83,049 | 757 | 35.5 | 54% |
In its most recent public year (2023), this organization brought in $757 more than it spent. Its reserves stood at about 35.5 months of spending, down from 42.8 in 2020. 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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