Millville Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 839,896 | 767,258 | 72,638 | 53.2 | 47% |
| 2013 | 822,767 | 794,756 | 28,011 | 51.9 | 50% |
| 2014 | 815,862 | 762,156 | 53,706 | 21.3 | 49% |
| 2015 | 781,313 | 807,349 | −26,036 | 19.4 | 51% |
| 2016 | 1,012,418 | 773,679 | 238,739 | 39.6 | 47% |
| 2017 | 1,001,425 | 816,731 | 184,694 | 41.1 | 46% |
| 2018 | 1,003,454 | 837,578 | 165,876 | 40.6 | 48% |
| 2019 | 1,006,624 | 862,572 | 144,052 | 43.6 | 50% |
| 2020 | 1,133,717 | 854,889 | 278,828 | 49.0 | 50% |
| 2021 | 2,012,154 | 882,365 | 1,129,789 | 62.3 | 44% |
In its most recent public year (2021), this organization brought in $1,129,789 more than it spent. Its reserves stood at about 62.3 months of spending, up from 53.2 in 2012. Staff pay was 44% of spending. $2,413,695 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 2021. 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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