Albion Area Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 55,566 | 48,439 | 7,127 | 29.6 | — |
| 2012 | 40,989 | 52,585 | −11,596 | 24.6 | — |
| 2013 | 51,077 | 45,360 | 5,717 | 30.1 | — |
| 2014 | 62,085 | 64,561 | −2,476 | 20.7 | — |
| 2015 | 54,859 | 57,356 | −2,497 | 22.7 | — |
| 2016 | 41,779 | 50,443 | −8,664 | 23.8 | — |
| 2017 | 50,673 | 51,165 | −492 | 23.3 | — |
| 2018 | 50,367 | 50,353 | 14 | 23.7 | — |
| 2019 | 44,335 | 46,629 | −2,294 | 25.5 | — |
| 2020 | 48,101 | 49,326 | −1,225 | 24.6 | — |
| 2021 | 67,951 | 79,682 | −11,731 | 13.5 | — |
| 2022 | 57,569 | 57,297 | 272 | 18.8 | — |
| 2023 | 52,536 | 56,132 | −3,596 | 18.4 | — |
In its most recent public year (2023), this organization spent $3,596 more than it brought in. Its reserves stood at about 18.4 months of spending, down from 29.6 in 2011.
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
Albion Area Public 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