Mt Morris Community Library Fndtn
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 17,125 | 11,196 | 5,929 | 345.8 | — |
| 2017 | 56,472 | 36,462 | 20,010 | 144.7 | — |
| 2018 | 19,830 | 28,491 | −8,661 | 163.8 | — |
| 2019 | 26,768 | 24,792 | 1,976 | 227.3 | — |
| 2020 | 106,043 | 31,819 | 74,224 | 214.5 | 0% |
| 2021 | 4,375 | 29,579 | −25,204 | 258.5 | 0% |
| 2022 | 21,203 | 43,796 | −22,593 | 122.4 | — |
| 2023 | 32,730 | 43,582 | −10,852 | 144.2 | 0% |
In its most recent public year (2023), this organization spent $10,852 more than it brought in. Its reserves stood at about 144.2 months of spending, down from 345.8 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
Mt Morris Community Library Fndtn's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works