Blossburg Memorial Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 113,841 | 92,062 | 21,779 | 118.1 | 35% |
| 2012 | 109,753 | 80,787 | 28,966 | 147.6 | 44% |
| 2013 | 104,240 | 89,742 | 14,498 | 145.1 | 36% |
| 2014 | 104,820 | 86,388 | 18,432 | 153.5 | 35% |
| 2015 | 125,728 | 88,360 | 37,368 | 147.1 | 41% |
| 2016 | 88,357 | 99,337 | −10,980 | 134.4 | 46% |
| 2017 | 134,440 | 100,822 | 33,618 | 142.1 | 44% |
| 2018 | 131,291 | 106,134 | 25,157 | 127.8 | 42% |
| 2019 | 125,217 | 118,786 | 6,431 | 128.1 | 44% |
| 2020 | 118,424 | 101,217 | 17,207 | 158.7 | 48% |
| 2021 | 169,278 | 123,635 | 45,643 | 143.2 | 46% |
| 2022 | 106,977 | 136,829 | −29,852 | 115.4 | 41% |
| 2023 | 143,934 | 143,394 | 540 | 115.7 | 44% |
In its most recent public year (2023), this organization brought in $540 more than it spent. Its reserves stood at about 115.7 months of spending, down from 118.1 in 2011. Staff pay was 44% of spending. $8,050 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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