Spalding Memorial Library Building Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 273,606 | 202,117 | 71,489 | 110.6 | 41% |
| 2012 | 665,199 | 214,039 | 451,160 | 129.7 | 41% |
| 2013 | 176,323 | 215,168 | −38,845 | 182.2 | 45% |
| 2014 | 197,092 | 232,190 | −35,098 | 167.6 | 48% |
| 2015 | 203,848 | 241,549 | −37,701 | 153.1 | 51% |
| 2016 | 300,401 | 249,996 | 50,405 | 155.7 | 48% |
| 2017 | 194,125 | 241,300 | −47,175 | 168.6 | 51% |
| 2018 | 240,880 | 247,301 | −6,421 | 153.3 | 54% |
| 2019 | 250,022 | 248,878 | 1,144 | 168.3 | 50% |
| 2020 | 396,156 | 263,457 | 132,699 | 178.3 | 56% |
| 2021 | 308,111 | 282,025 | 26,086 | 173.8 | 56% |
| 2022 | 272,348 | 297,562 | −25,214 | 139.1 | 56% |
| 2023 | 188,165 | 312,994 | −124,829 | 140.2 | 58% |
In its most recent public year (2023), this organization spent $124,829 more than it brought in. Its reserves stood at about 140.2 months of spending, up from 110.6 in 2011. Staff pay was 58% of spending. $932,556 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
Spalding Memorial Library Building Association's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works