Oceanic Public Library Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,092 | 9,387 | −1,295 | 290.2 | — |
| 2012 | 9,037 | 8,109 | 928 | 352.2 | — |
| 2013 | 34,509 | 3,945 | 30,564 | 874.0 | — |
| 2014 | 190,830 | 29,955 | 160,875 | 167.3 | — |
| 2015 | 44,727 | 5,142 | 39,585 | 1041.1 | — |
| 2016 | 21,746 | 180 | 21,566 | 31921.4 | — |
| 2017 | 13,217 | 19,030 | −5,813 | 250.7 | — |
| 2018 | 57,795 | 20,046 | 37,749 | 246.6 | — |
| 2021 | 67,944 | 20,382 | 47,562 | 399.6 | 0% |
| 2022 | 25,565 | 30,083 | −4,518 | 221.0 | 0% |
| 2023 | 19,566 | 21,020 | −1,454 | 353.0 | 0% |
In its most recent public year (2023), this organization spent $1,454 more than it brought in. Its reserves stood at about 353 months of spending, up from 290.2 in 2011. Staff pay was 0% 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
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