Laurel District Library Commission
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 375,978 | 410,049 | −34,071 | 3.9 | 54% |
| 2013 | 476,036 | 404,795 | 71,241 | 6.1 | 53% |
| 2014 | 360,263 | 388,124 | −27,861 | 5.5 | 53% |
| 2015 | 455,965 | 397,775 | 58,190 | 7.1 | 55% |
| 2016 | 446,639 | 405,471 | 41,168 | 8.2 | 55% |
| 2017 | 510,464 | 538,009 | −27,545 | 5.6 | 41% |
| 2018 | 446,059 | 426,741 | 19,318 | 7.6 | 54% |
| 2019 | 478,925 | 467,320 | 11,605 | 7.2 | 54% |
| 2020 | 607,403 | 517,495 | 89,908 | 8.6 | 10% |
| 2021 | 586,912 | 558,091 | 28,821 | 8.6 | 48% |
| 2022 | 570,433 | 641,789 | −71,356 | 0.0 | 45% |
| 2023 | 642,674 | 533,545 | 109,129 | 9.8 | 57% |
In its most recent public year (2023), this organization brought in $109,129 more than it spent. Its reserves stood at about 9.8 months of spending, up from 3.9 in 2012. Staff pay was 57% 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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