Friends Of The Knox County Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 215,348 | 175,877 | 39,471 | 36.3 | 24% |
| 2022 | 84,973 | 120,367 | −35,394 | 49.5 | 0% |
| 2023 | 208,650 | 179,136 | 29,514 | 35.2 | 0% |
| 2024 | 234,126 | 189,537 | 44,589 | 36.1 | 0% |
In its most recent public year (2024), this organization brought in $44,589 more than it spent. Its reserves stood at about 36.1 months of spending. Staff pay was 0% of spending. $221,163 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 2024. 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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