Library Foundation Of New Hanover County
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 67,320 | 15,070 | 52,250 | 548.7 | 0% |
| 2018 | 77,944 | 15,296 | 62,648 | 558.1 | 0% |
| 2019 | 82,542 | 70,437 | 12,105 | 142.9 | 0% |
| 2020 | 39,193 | 20,458 | 18,735 | 562.8 | 0% |
| 2021 | 86,852 | 50,769 | 36,083 | 254.0 | 0% |
| 2022 | 45,537 | 802 | 44,735 | 13865.9 | 0% |
| 2023 | 102,554 | 75,339 | 27,215 | 161.0 | 0% |
In its most recent public year (2023), this organization brought in $27,215 more than it spent. Its reserves stood at about 161 months of spending, down from 548.7 in 2017. Staff pay was 0% 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
Library Foundation Of New Hanover County'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