Placitas Community Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 93,523 | 57,910 | 35,613 | 41.8 | 0% |
| 2012 | 60,323 | 51,830 | 8,493 | 48.6 | 0% |
| 2013 | 231,500 | 113,950 | 117,550 | 34.5 | 0% |
| 2014 | 184,583 | 144,249 | 40,334 | 30.6 | 25% |
| 2015 | 105,208 | 99,101 | 6,107 | 45.3 | 40% |
| 2016 | 230,244 | 122,387 | 107,857 | 39.2 | 35% |
| 2017 | 94,235 | 95,180 | −945 | 55.5 | 55% |
| 2018 | 265,913 | 114,570 | 151,343 | 64.5 | 37% |
| 2019 | 98,815 | 146,534 | −47,719 | 79.7 | 21% |
| 2020 | 98,779 | 93,441 | 5,338 | 60.9 | 45% |
| 2021 | 118,625 | 114,250 | 4,375 | 48.7 | 44% |
| 2022 | 137,385 | 108,884 | 28,501 | 53.1 | 43% |
| 2023 | 153,101 | 121,967 | 31,134 | 50.4 | 36% |
In its most recent public year (2023), this organization brought in $31,134 more than it spent. Its reserves stood at about 50.4 months of spending, up from 41.8 in 2011. Staff pay was 36% 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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