Galion Public Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 575,931 | 598,349 | −22,418 | 41.8 | 45% |
| 2012 | 537,935 | 617,218 | −79,283 | 39.0 | 45% |
| 2013 | 533,540 | 608,645 | −75,105 | 38.1 | 47% |
| 2014 | 524,294 | 598,206 | −73,912 | 37.3 | 49% |
| 2015 | 584,167 | 646,447 | −62,280 | 33.3 | 46% |
| 2016 | 566,650 | 631,238 | −64,588 | 32.9 | 47% |
| 2017 | 967,606 | 752,731 | 214,875 | 31.0 | 39% |
| 2018 | 600,129 | 699,409 | −99,280 | 31.7 | 44% |
| 2019 | 797,911 | 648,536 | 149,375 | 36.9 | 48% |
| 2020 | 976,395 | 735,687 | 240,708 | 36.5 | 42% |
| 2021 | 693,780 | 656,273 | 37,507 | 41.6 | 47% |
| 2022 | 1,076,034 | 625,408 | 450,626 | 52.3 | 51% |
| 2023 | 923,801 | 666,656 | 257,145 | 53.7 | 49% |
In its most recent public year (2023), this organization brought in $257,145 more than it spent. Its reserves stood at about 53.7 months of spending, up from 41.8 in 2011. Staff pay was 49% 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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