Adams Memorial Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 702,419 | 755,898 | −53,479 | 74.2 | 56% |
| 2012 | 761,395 | 728,779 | 32,616 | 81.5 | 58% |
| 2013 | 688,471 | 689,386 | −915 | 95.1 | 59% |
| 2014 | 1,007,448 | 713,323 | 294,125 | 92.4 | 54% |
| 2015 | 513,420 | 723,696 | −210,276 | 83.9 | 0% |
| 2016 | 666,889 | 650,234 | 16,655 | 91.9 | 57% |
| 2017 | 546,972 | 655,021 | −108,049 | 99.7 | 55% |
| 2018 | 541,085 | 664,375 | −123,290 | 89.3 | 56% |
| 2019 | 732,585 | 616,920 | 115,665 | 111.8 | 56% |
| 2020 | 656,961 | 606,604 | 50,357 | 130.2 | 59% |
| 2021 | 864,517 | 668,265 | 196,252 | 137.4 | 58% |
| 2022 | 806,085 | 695,993 | 110,092 | 107.8 | 57% |
| 2023 | 639,470 | 737,071 | −97,601 | 109.6 | 60% |
In its most recent public year (2023), this organization spent $97,601 more than it brought in. Its reserves stood at about 109.6 months of spending, up from 74.2 in 2011. Staff pay was 60% of spending. $756,395 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
Adams Memorial 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