Milton Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 128,701 | 187,992 | −59,291 | 113.9 | 38% |
| 2012 | 538,261 | 382,068 | 156,193 | 108.3 | 24% |
| 2013 | 190,366 | 442,043 | −251,677 | 86.2 | 23% |
| 2014 | 168,473 | 410,503 | −242,030 | 85.4 | 25% |
| 2015 | 294,782 | 381,539 | −86,757 | 89.2 | 23% |
| 2016 | 156,253 | 379,361 | −223,108 | 79.6 | 21% |
| 2017 | 195,294 | 374,877 | −179,583 | 75.0 | 22% |
| 2018 | 244,484 | 377,396 | −132,912 | 70.5 | 21% |
| 2019 | 140,961 | 375,017 | −234,056 | 61.6 | 24% |
| 2020 | 209,615 | 301,766 | −92,151 | 75.2 | 23% |
| 2021 | 208,948 | 341,765 | −132,817 | 62.3 | 29% |
| 2022 | 312,484 | 387,234 | −74,750 | 48.7 | 27% |
| 2023 | 248,355 | 364,512 | −116,157 | 49.5 | 27% |
In its most recent public year (2023), this organization spent $116,157 more than it brought in. Its reserves stood at about 49.5 months of spending, down from 113.9 in 2011. Staff pay was 27% of spending. $70,084 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 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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