Franklin County Library System
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,928,315 | 2,200,410 | −272,095 | 12.6 | 45% |
| 2012 | 2,315,494 | 2,114,162 | 201,332 | 14.3 | 48% |
| 2013 | 2,753,293 | 2,203,507 | 549,786 | 16.7 | 45% |
| 2014 | 2,554,908 | 2,118,283 | 436,625 | 20.2 | 46% |
| 2015 | 2,234,058 | 2,803,821 | −569,763 | 12.6 | 34% |
| 2016 | 3,926,081 | 3,760,719 | 165,362 | 7.6 | 26% |
| 2017 | 7,209,433 | 7,697,046 | −487,613 | 2.9 | 14% |
| 2018 | 3,148,265 | 3,472,928 | −324,663 | 5.0 | 31% |
| 2019 | 2,577,621 | 2,957,113 | −379,492 | 4.6 | 36% |
| 2020 | 3,129,191 | 2,577,250 | 551,941 | 7.9 | 37% |
| 2021 | 2,741,893 | 2,847,108 | −105,215 | 6.8 | 35% |
| 2022 | 3,119,630 | 3,078,929 | 40,701 | 6.1 | 39% |
| 2023 | 3,324,994 | 3,455,330 | −130,336 | 5.2 | 38% |
In its most recent public year (2023), this organization spent $130,336 more than it brought in. Its reserves stood at about 5.2 months of spending, down from 12.6 in 2011. Staff pay was 38% 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
Franklin County Library System's IRS filings as a feed — one entry per filing year, through 2023. 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