Florence Scott Libbey Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 472,483 | 721,975 | −249,492 | 218.6 | 0% |
| 2012 | 373,792 | 677,416 | −303,624 | 227.6 | 0% |
| 2013 | 491,899 | 668,563 | −176,664 | 227.4 | 0% |
| 2014 | 1,040,309 | 719,066 | 321,243 | 216.8 | 0% |
| 2015 | 619,517 | 753,168 | −133,651 | 204.8 | 0% |
| 2016 | 1,101,105 | 797,606 | 303,499 | 198.0 | 0% |
| 2017 | 550,066 | 844,344 | −294,278 | 182.9 | 0% |
| 2018 | 766,188 | 860,516 | −94,328 | 178.1 | 0% |
| 2019 | 495,745 | 867,251 | −371,506 | 171.6 | 0% |
| 2020 | 1,019,343 | 887,373 | 131,970 | 169.5 | 0% |
| 2021 | 1,139,538 | 928,684 | 210,854 | 164.7 | 0% |
| 2022 | 984,692 | 940,992 | 43,700 | 163.1 | 0% |
| 2023 | 948,487 | 988,487 | −40,000 | 154.8 | 0% |
In its most recent public year (2023), this organization spent $40,000 more than it brought in. Its reserves stood at about 154.8 months of spending, down from 218.6 in 2011. 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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