Friends Of Independence Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 33,258 | 33,975 | −717 | 119.2 | 0% |
| 2013 | 18,698 | 20,672 | −1,974 | 211.0 | 0% |
| 2014 | 25,673 | 32,727 | −7,054 | 133.5 | 0% |
| 2015 | 36,933 | 65,322 | −28,389 | 55.5 | 0% |
| 2016 | 21,763 | 20,528 | 1,235 | 180.0 | 0% |
| 2017 | 32,447 | 26,674 | 5,773 | 144.1 | 0% |
| 2018 | 31,137 | 25,779 | 5,358 | 135.5 | 0% |
| 2019 | 84,141 | 74,778 | 9,363 | 51.9 | 0% |
| 2020 | 47,435 | 27,017 | 20,418 | 149.5 | 0% |
| 2021 | 47,418 | 6,861 | 40,557 | 634.0 | 0% |
| 2022 | 133,420 | 47,190 | 86,230 | 100.6 | 0% |
| 2023 | 16,639 | 27,552 | −10,913 | 180.7 | 0% |
In its most recent public year (2023), this organization spent $10,913 more than it brought in. Its reserves stood at about 180.7 months of spending, up from 119.2 in 2012. Staff pay was 0% 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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