Palmyra Community Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 502,626 | 245,187 | 257,439 | 78.6 | 38% |
| 2012 | 0 | 0 | 0 | — | — |
| 2013 | 304,683 | 303,883 | 800 | 70.3 | 22% |
| 2014 | 333,914 | 308,108 | 25,806 | 70.5 | 42% |
| 2015 | 551,756 | 309,294 | 242,462 | 79.5 | 40% |
| 2016 | 396,520 | 329,741 | 66,779 | 77.3 | 39% |
| 2017 | 386,241 | 347,751 | 38,490 | 75.3 | 38% |
| 2018 | 397,125 | 328,269 | 68,856 | 81.7 | 25% |
| 2019 | 336,711 | 317,649 | 19,062 | 71.3 | 47% |
| 2020 | 374,368 | 372,328 | 2,040 | 59.9 | 44% |
| 2021 | 431,781 | 412,553 | 19,228 | 53.5 | 41% |
| 2022 | 344,687 | 493,004 | −148,317 | 41.2 | 37% |
| 2023 | 357,265 | 401,128 | −43,863 | 51.4 | 47% |
In its most recent public year (2023), this organization spent $43,863 more than it brought in. Its reserves stood at about 51.4 months of spending, down from 78.6 in 2011. Staff pay was 47% of spending.
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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