Friends And Foundation Of The Albany Public Library Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 50,107 | 24,822 | 25,285 | 57.5 | — |
| 2015 | 49,430 | 56,671 | −7,241 | 23.6 | — |
| 2016 | 47,345 | 85,438 | −38,093 | 10.3 | — |
| 2017 | 26,069 | 45,219 | −19,150 | 14.4 | — |
| 2018 | 80,621 | 77,851 | 2,770 | 8.8 | — |
| 2019 | 42,510 | 56,165 | −13,655 | 9.3 | — |
| 2020 | 82,638 | 70,385 | 12,253 | 9.5 | — |
| 2021 | 62,298 | 86,961 | −24,663 | 4.3 | — |
| 2022 | 187,417 | 122,048 | 65,369 | 9.5 | — |
| 2023 | 68,310 | 114,158 | −45,848 | 5.3 | — |
In its most recent public year (2023), this organization spent $45,848 more than it brought in. Its reserves stood at about 5.3 months of spending, down from 57.5 in 2014.
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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