Carnegie Free Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 190,297 | 220,043 | −29,746 | 162.7 | 32% |
| 2012 | 521,682 | 193,064 | 328,618 | 206.5 | 42% |
| 2013 | 270,842 | 250,347 | 20,495 | 161.1 | 33% |
| 2014 | 303,692 | 265,139 | 38,553 | 35.5 | 35% |
| 2015 | 362,858 | 227,422 | 135,436 | 48.8 | 46% |
| 2016 | 172,409 | 249,343 | −76,934 | 41.1 | 39% |
| 2017 | 234,331 | 226,075 | 8,256 | 47.2 | 44% |
| 2018 | 402,426 | 253,921 | 148,505 | 49.7 | 40% |
| 2019 | 225,873 | 274,852 | −48,979 | 46.2 | 42% |
| 2020 | 390,706 | 255,869 | 134,837 | 57.9 | 41% |
| 2021 | 141,307 | 240,285 | −98,978 | 61.2 | 42% |
| 2022 | 197,419 | 258,448 | −61,029 | 49.7 | 49% |
| 2023 | 194,787 | 310,380 | −115,593 | 41.7 | 37% |
In its most recent public year (2023), this organization spent $115,593 more than it brought in. Its reserves stood at about 41.7 months of spending, down from 162.7 in 2011. Staff pay was 37% of spending. $66,329 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
Carnegie Free Library'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