Morristown And Morris Township Library Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 86,867 | 19,200 | 67,667 | 516.2 | 0% |
| 2012 | 276,432 | 27,264 | 249,168 | 478.2 | 0% |
| 2013 | 138,647 | 154,995 | −16,348 | 85.0 | 0% |
| 2014 | 326,999 | 164,990 | 162,009 | 93.0 | 0% |
| 2015 | 64,193 | 43,294 | 20,899 | 350.4 | 0% |
| 2016 | 250,945 | 54,179 | 196,766 | 316.1 | 0% |
| 2017 | 78,226 | 53,576 | 24,650 | 342.4 | 0% |
| 2018 | 184,677 | 146,181 | 38,496 | 122.6 | 0% |
| 2019 | 108,073 | 87,570 | 20,503 | 225.0 | 0% |
| 2020 | 115,618 | 38,999 | 76,619 | 558.0 | 0% |
| 2021 | 275,011 | 43,131 | 231,880 | 602.2 | 0% |
| 2022 | 129,854 | 90,122 | 39,732 | 266.6 | 0% |
| 2023 | 4,530,777 | 148,458 | 4,382,319 | 533.2 | 0% |
In its most recent public year (2023), this organization brought in $4,382,319 more than it spent. Its reserves stood at about 533.2 months of spending, up from 516.2 in 2011. Staff pay was 0% of spending. $5,214,995 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 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
Morristown And Morris Township Library Foundation'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