Portage Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 36,395 | 41,273 | −4,878 | 24.5 | — |
| 2012 | 44,810 | 41,381 | 3,429 | 25.4 | — |
| 2013 | 43,783 | 41,554 | 2,229 | 25.9 | — |
| 2014 | 59,656 | 40,413 | 19,243 | 32.4 | — |
| 2015 | 32,267 | 48,718 | −16,451 | 22.8 | — |
| 2016 | 106,728 | 66,395 | 40,333 | 26.0 | — |
| 2017 | 210,140 | 72,797 | 137,343 | 46.4 | 45% |
| 2018 | 76,724 | 66,389 | 10,335 | 52.7 | 44% |
| 2019 | 62,037 | 74,294 | −12,257 | 45.1 | 41% |
| 2020 | 61,070 | 55,942 | 5,128 | 61.0 | 46% |
| 2021 | 70,036 | 62,052 | 7,984 | 56.5 | 38% |
| 2022 | 116,183 | 70,547 | 45,636 | 57.5 | 34% |
| 2023 | 78,865 | 85,432 | −6,567 | 46.6 | 34% |
In its most recent public year (2023), this organization spent $6,567 more than it brought in. Its reserves stood at about 46.6 months of spending, up from 24.5 in 2011. Staff pay was 34% of spending. $4,068 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
Portage Library 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