Foundation For The Cleveland Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 556 | 128,373 | −127,817 | 31.9 | 9% |
| 2021 | 19,207 | 82,799 | −63,592 | 40.3 | 6% |
| 2022 | 114,107 | 17,746 | 96,361 | 253.1 | 0% |
| 2023 | 99,456 | 217,292 | −117,836 | 14.2 | 0% |
In its most recent public year (2023), this organization spent $117,836 more than it brought in. Its reserves stood at about 14.2 months of spending, down from 31.9 in 2020. Staff pay was 0% of spending. $33,725 of its net assets are donor-restricted.
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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