Newman Riga Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 118,957 | 170,150 | −51,193 | 83.9 | 60% |
| 2012 | 174,929 | 183,485 | −8,556 | 79.3 | 56% |
| 2013 | 175,094 | 191,360 | −16,266 | 83.6 | 56% |
| 2014 | 197,241 | 185,851 | 11,390 | 88.5 | 58% |
| 2015 | 178,345 | 187,131 | −8,786 | 85.7 | 55% |
| 2016 | 186,301 | 182,740 | 3,561 | 93.1 | 59% |
| 2017 | 248,639 | 185,040 | 63,599 | 100.5 | 58% |
| 2018 | 192,182 | 219,640 | −27,458 | 79.2 | 52% |
| 2019 | 300,066 | 193,336 | 106,730 | 104.5 | 59% |
| 2020 | 318,612 | 196,833 | 121,779 | 105.4 | 60% |
| 2021 | 267,487 | 206,218 | 61,269 | 111.6 | 58% |
| 2022 | 279,151 | 204,537 | 74,614 | 97.0 | 59% |
| 2023 | 320,390 | 211,453 | 108,937 | 103.2 | 60% |
In its most recent public year (2023), this organization brought in $108,937 more than it spent. Its reserves stood at about 103.2 months of spending, up from 83.9 in 2011. Staff pay was 60% 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
Newman Riga 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