Bangor Public Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 119,395 | 150,455 | −31,060 | 50.3 | 46% |
| 2012 | 150,838 | 152,403 | −1,565 | 49.9 | 46% |
| 2013 | 195,672 | 147,100 | 48,572 | 56.2 | 43% |
| 2014 | 135,935 | 158,234 | −22,299 | 50.9 | 46% |
| 2015 | 110,947 | 150,677 | −39,730 | 49.6 | 52% |
| 2017 | 121,512 | 166,754 | −45,242 | 39.7 | 54% |
| 2018 | 100,071 | 142,704 | −42,633 | 43.7 | 52% |
| 2019 | 97,058 | 138,567 | −41,509 | 41.7 | 54% |
| 2020 | 123,087 | 128,251 | −5,164 | 47.6 | 52% |
| 2021 | 115,802 | 145,536 | −29,734 | 40.4 | 54% |
| 2022 | 132,114 | 145,574 | −13,460 | 35.9 | 51% |
| 2023 | 139,197 | 144,543 | −5,346 | 37.4 | 51% |
In its most recent public year (2023), this organization spent $5,346 more than it brought in. Its reserves stood at about 37.4 months of spending, down from 50.3 in 2011. Staff pay was 51% of spending. $15,000 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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