Friends Of The Simsbury Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 66,223 | 72,735 | −6,512 | 85.7 | 0% |
| 2022 | 100,716 | 105,835 | −5,119 | 58.3 | 0% |
| 2023 | 105,205 | 108,837 | −3,632 | 56.3 | 0% |
| 2024 | 155,760 | 132,200 | 23,560 | 48.5 | 0% |
In its most recent public year (2024), this organization brought in $23,560 more than it spent. Its reserves stood at about 48.5 months of spending, down from 85.7 in 2021. Staff pay was 0% of spending. $73,363 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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