Springport Free Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 73,488 | 70,473 | 3,015 | 9.8 | — |
| 2012 | 73,744 | 62,031 | 11,713 | 13.4 | — |
| 2013 | 85,342 | 68,139 | 17,203 | 15.2 | — |
| 2014 | 74,954 | 69,272 | 5,682 | 16.0 | — |
| 2015 | 89,708 | 84,944 | 4,764 | 13.7 | — |
| 2016 | 94,318 | 70,780 | 23,538 | 20.4 | — |
| 2017 | 98,222 | 75,649 | 22,573 | 22.7 | — |
| 2018 | 94,277 | 75,833 | 18,444 | 25.6 | — |
| 2019 | 109,606 | 78,485 | 31,121 | 29.4 | — |
| 2020 | 97,127 | 76,996 | 20,131 | 33.2 | — |
| 2021 | 107,112 | 96,063 | 11,049 | 28.0 | — |
| 2022 | 120,702 | 113,488 | 7,214 | 24.4 | — |
| 2023 | 120,230 | 105,615 | 14,615 | 27.9 | — |
In its most recent public year (2023), this organization brought in $14,615 more than it spent. Its reserves stood at about 27.9 months of spending, up from 9.8 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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