Friends Of The Burton Memorial Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,885 | 2,168 | 1,717 | 51.6 | — |
| 2021 | 3,603 | 7,458 | −3,855 | 8.8 | — |
| 2022 | 4,485 | 4,611 | −126 | 13.9 | — |
| 2023 | 4,181 | 5,109 | −928 | 10.4 | — |
In its most recent public year (2023), this organization spent $928 more than it brought in. Its reserves stood at about 10.4 months of spending, down from 51.6 in 2020.
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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