Newberry Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,778,241 | 9,789,121 | −10,880 | 85.9 | 45% |
| 2012 | 11,297,450 | 10,134,604 | 1,162,846 | 78.1 | 44% |
| 2013 | 14,575,633 | 10,516,885 | 4,058,748 | 83.3 | 43% |
| 2014 | 11,517,247 | 10,790,630 | 726,617 | 91.8 | 41% |
| 2015 | 12,739,685 | 10,681,451 | 2,058,234 | 89.1 | 40% |
| 2016 | 7,902,316 | 10,644,093 | −2,741,777 | 82.6 | 44% |
| 2017 | 12,323,739 | 11,662,352 | 661,387 | 84.9 | 43% |
| 2018 | 33,617,350 | 11,671,257 | 21,946,093 | 92.5 | 46% |
| 2019 | 9,262,892 | 12,694,246 | −3,431,354 | 85.1 | 43% |
| 2020 | 11,147,297 | 12,366,894 | −1,219,597 | 87.4 | 48% |
| 2021 | 12,176,699 | 10,963,489 | 1,213,210 | 119.6 | 45% |
| 2022 | 14,465,930 | 13,728,951 | 736,979 | 82.6 | 40% |
| 2023 | 14,617,356 | 13,776,736 | 840,620 | 88.9 | 42% |
In its most recent public year (2023), this organization brought in $840,620 more than it spent. Its reserves stood at about 88.9 months of spending, up from 85.9 in 2011. Staff pay was 42% of spending. $65,927,429 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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