Altoona Area Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,978,288 | 1,570,745 | 407,543 | 18.5 | 34% |
| 2013 | 1,565,703 | 1,451,191 | 114,512 | 21.0 | 6% |
| 2014 | 1,289,091 | 1,448,758 | −159,667 | 19.7 | 34% |
| 2015 | 1,607,210 | 1,597,704 | 9,506 | 17.9 | 28% |
| 2016 | 1,398,775 | 1,431,551 | −32,776 | 19.7 | 35% |
| 2017 | 1,373,600 | 1,509,517 | −135,917 | 17.6 | 35% |
| 2018 | 1,593,043 | 1,542,477 | 50,566 | 17.6 | 30% |
| 2019 | 1,865,121 | 1,707,541 | 157,580 | 17.2 | 27% |
| 2020 | 2,014,475 | 2,000,084 | 14,391 | 14.5 | 23% |
| 2021 | 1,608,983 | 1,526,776 | 82,207 | 19.5 | 31% |
| 2022 | 2,595,800 | 2,092,283 | 503,517 | 17.0 | 24% |
| 2023 | 2,114,577 | 2,136,940 | −22,363 | 16.5 | 26% |
| 2024 | 1,418,829 | 1,692,159 | −273,330 | 18.7 | 34% |
In its most recent public year (2024), this organization spent $273,330 more than it brought in. Its reserves stood at about 18.7 months of spending. Staff pay was 34% of spending. $10,217 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works