Newport Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 183,571 | 177,480 | 6,091 | 79.1 | 53% |
| 2012 | 152,877 | 175,224 | −22,347 | 84.1 | 52% |
| 2013 | 127,692 | 179,160 | −51,468 | 92.8 | 45% |
| 2014 | 157,037 | 164,172 | −7,135 | 102.8 | 49% |
| 2015 | 124,410 | 176,508 | −52,098 | 89.8 | 50% |
| 2016 | 155,824 | 177,717 | −21,893 | 95.2 | 45% |
| 2017 | 150,097 | 180,401 | −30,304 | 100.8 | 51% |
| 2018 | 164,303 | 189,718 | −25,415 | 86.3 | 48% |
| 2019 | 167,858 | 174,752 | −6,894 | 104.9 | 42% |
| 2020 | 166,262 | 156,519 | 9,743 | 124.5 | 54% |
| 2021 | 394,505 | 137,908 | 256,597 | 174.3 | 40% |
| 2022 | 204,542 | 170,106 | 34,436 | 121.7 | 47% |
| 2023 | 279,433 | 200,474 | 78,959 | 94.3 | 43% |
In its most recent public year (2023), this organization brought in $78,959 more than it spent. Its reserves stood at about 94.3 months of spending, up from 79.1 in 2011. Staff pay was 43% 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
Newport Public Library'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