Trustees Of The Free Public Library Of The Township Of Montville
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,784,300 | 2,828,406 | −1,044,106 | 1.8 | 19% |
| 2012 | 1,716,800 | 1,678,583 | 38,217 | 3.2 | 31% |
| 2013 | 1,660,386 | 1,678,738 | −18,352 | 3.1 | 29% |
| 2014 | 1,633,256 | 1,660,714 | −27,458 | 2.9 | 30% |
| 2015 | 1,666,168 | 1,666,968 | −800 | 2.9 | 32% |
| 2016 | 1,653,937 | 1,622,575 | 31,362 | 2.6 | 34% |
| 2017 | 1,712,308 | 1,594,827 | 117,481 | 1.5 | 38% |
| 2018 | 1,726,074 | 1,669,344 | 56,730 | 1.9 | 41% |
| 2019 | 1,700,724 | 1,665,563 | 35,161 | 2.1 | 44% |
| 2020 | 1,680,342 | 1,504,847 | 175,495 | 4.3 | 45% |
| 2021 | 1,710,865 | 1,588,248 | 122,617 | 5.0 | 45% |
| 2022 | 1,753,339 | 1,675,666 | 77,673 | 5.3 | 46% |
| 2023 | 1,825,635 | 1,645,088 | 180,547 | 6.9 | 51% |
In its most recent public year (2023), this organization brought in $180,547 more than it spent. Its reserves stood at about 6.9 months of spending, up from 1.8 in 2011. Staff pay was 51% 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 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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