Henderson Memorial Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 600,735 | 500,074 | 100,661 | 32.2 | 15% |
| 2021 | 579,224 | 468,471 | 110,753 | 37.2 | 17% |
| 2022 | 607,244 | 488,556 | 118,688 | 38.6 | 17% |
| 2023 | 609,012 | 564,493 | 44,519 | 34.3 | 20% |
In its most recent public year (2023), this organization brought in $44,519 more than it spent. Its reserves stood at about 34.3 months of spending, up from 32.2 in 2020. Staff pay was 20% of spending. $661,614 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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