Solomon Wright Public Library Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 306,256 | 16,899 | 289,357 | 270.1 | 0% |
| 2013 | 48,755 | 20,432 | 28,323 | 240.1 | — |
| 2014 | 33,835 | 106,102 | −72,267 | 38.1 | — |
| 2023 | 54,385 | 62,208 | −7,823 | 57.3 | — |
In its most recent public year (2023), this organization spent $7,823 more than it brought in. Its reserves stood at about 57.3 months of spending, down from 270.1 in 2012.
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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