Cranston Public Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 4,505 | 1,510 | 2,995 | 34.7 | — |
| 2021 | 306,525 | 18,158 | 288,367 | 212.6 | 0% |
| 2022 | 46,557 | 29,361 | 17,196 | 125.0 | 0% |
| 2023 | 35,839 | 31,769 | 4,070 | 127.6 | 0% |
In its most recent public year (2023), this organization brought in $4,070 more than it spent. Its reserves stood at about 127.6 months of spending, up from 34.7 in 2012. Staff pay was 0% of spending. $208,937 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
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