Morton Memorial Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 30,425 | 41,389 | −10,964 | 13.0 | — |
| 2012 | 27,488 | 35,267 | −7,779 | 12.7 | — |
| 2013 | 32,164 | 32,303 | −139 | 13.7 | — |
| 2014 | 36,467 | 33,224 | 3,243 | 14.5 | — |
| 2015 | 46,364 | 37,367 | 8,997 | 15.8 | — |
| 2016 | 37,827 | 34,896 | 2,931 | 17.9 | — |
| 2017 | 43,095 | 42,138 | 957 | 15.1 | — |
| 2018 | 34,660 | 46,174 | −11,514 | 10.8 | — |
| 2019 | 51,277 | 53,322 | −2,045 | 8.9 | — |
| 2020 | 49,241 | 46,740 | 2,501 | 10.8 | — |
| 2021 | 56,851 | 53,238 | 3,613 | 10.3 | — |
| 2022 | 65,230 | 54,597 | 10,633 | 12.4 | — |
| 2023 | 70,053 | 67,904 | 2,149 | 10.3 | — |
In its most recent public year (2023), this organization brought in $2,149 more than it spent. Its reserves stood at about 10.3 months of spending, down from 13 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
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