Gloversville Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,032,247 | 522,562 | 509,685 | 20.6 | 42% |
| 2013 | 539,124 | 569,479 | −30,355 | 18.3 | 40% |
| 2014 | 764,088 | 596,963 | 167,125 | 20.4 | 41% |
| 2015 | 736,776 | 603,598 | 133,178 | 22.8 | 39% |
| 2016 | 626,800 | 461,537 | 165,263 | 34.1 | 53% |
| 2017 | 1,714,486 | 663,278 | 1,051,208 | 41.7 | 38% |
| 2018 | 4,315,904 | 583,151 | 3,732,753 | 124.2 | 45% |
| 2019 | 5,266,159 | 860,642 | 4,405,517 | 145.6 | 36% |
| 2020 | 621,698 | 1,149,558 | −527,860 | 103.5 | 29% |
| 2021 | 847,751 | 1,073,927 | −226,176 | 108.3 | 35% |
| 2022 | 730,268 | 1,157,540 | −427,272 | 96.0 | 37% |
| 2023 | 1,259,986 | 1,547,303 | −287,317 | 69.6 | 34% |
| 2024 | 1,067,515 | 1,367,107 | −299,592 | 76.1 | 41% |
In its most recent public year (2024), this organization spent $299,592 more than it brought in. Its reserves stood at about 76.1 months of spending, up from 20.6 in 2012. Staff pay was 41% 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 2024. 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
Gloversville Public Library's IRS filings as a feed — one entry per filing year, through 2024. 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