Racine Public Library Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 374,262 | 124,766 | 249,496 | 41.6 | 0% |
| 2012 | 104,720 | 293,541 | −188,821 | 10.0 | — |
| 2013 | 99,044 | 23,825 | 75,219 | 161.2 | — |
| 2014 | 78,609 | 103,269 | −24,660 | 34.3 | — |
| 2015 | 75,679 | 35,541 | 40,138 | 113.4 | — |
| 2016 | 372,595 | 143,541 | 229,054 | 47.9 | 0% |
| 2017 | 143,556 | 356,585 | −213,029 | 13.1 | — |
| 2018 | 121,183 | 65,909 | 55,274 | 72.9 | — |
| 2019 | 114,539 | 138,591 | −24,052 | 36.7 | — |
| 2020 | 51,413 | 56,506 | −5,093 | 96.7 | — |
| 2021 | 143,990 | 101,168 | 42,822 | 59.4 | 0% |
| 2022 | 60,728 | 91,330 | −30,602 | 57.2 | — |
| 2023 | 129,517 | 381,556 | −252,039 | 5.8 | — |
In its most recent public year (2023), this organization spent $252,039 more than it brought in. Its reserves stood at about 5.8 months of spending, down from 41.6 in 2011.
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
Racine Public Library Foundation Inc'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