Friends Of The Long Beach Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 184,198 | 156,238 | 27,960 | 53.1 | 0% |
| 2012 | 159,418 | 143,974 | 15,444 | 58.9 | 0% |
| 2013 | 149,097 | 118,696 | 30,401 | 73.8 | 0% |
| 2014 | 158,513 | 89,444 | 69,069 | 107.2 | 0% |
| 2015 | 133,120 | 110,676 | 22,444 | 88.9 | 0% |
| 2016 | 113,310 | 46,519 | 66,791 | 228.8 | 0% |
| 2017 | 94,009 | 97,833 | −3,824 | 108.3 | 0% |
| 2018 | 73,096 | 44,084 | 29,012 | 248.3 | 0% |
| 2019 | 73,161 | 68,081 | 5,080 | 162.3 | 0% |
| 2020 | 75,589 | 84,599 | −9,010 | 128.8 | 0% |
| 2021 | 40,212 | 37,408 | 2,804 | 292.3 | 0% |
| 2022 | 73,806 | 45,259 | 28,547 | 249.1 | 0% |
In its most recent public year (2022), this organization brought in $28,547 more than it spent. Its reserves stood at about 249.1 months of spending, up from 53.1 in 2011. Staff pay was 0% of spending. $57,586 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 2022. 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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