Gail Borden Public Library Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 79,092 | 127,999 | −48,907 | 4.6 | — |
| 2012 | 192,819 | 70,798 | 122,021 | 29.1 | — |
| 2013 | 221,292 | 171,819 | 49,473 | 15.4 | 0% |
| 2014 | 128,199 | 258,675 | −130,476 | 4.2 | 0% |
| 2015 | 247,181 | 209,772 | 37,409 | 7.3 | 0% |
| 2016 | 305,855 | 334,048 | −28,193 | 3.6 | 0% |
| 2017 | 173,561 | 159,607 | 13,954 | 8.5 | 0% |
| 2018 | 115,416 | 63,641 | 51,775 | 31.2 | 0% |
| 2019 | 181,848 | 199,319 | −17,471 | 8.9 | 0% |
| 2020 | 366,425 | 167,256 | 199,169 | 24.9 | 0% |
| 2021 | 297,907 | 292,318 | 5,589 | 14.5 | 0% |
| 2022 | 448,379 | 325,187 | 123,192 | 17.6 | 0% |
| 2023 | 260,263 | 263,579 | −3,316 | 21.5 | 0% |
In its most recent public year (2023), this organization spent $3,316 more than it brought in. Its reserves stood at about 21.5 months of spending, up from 4.6 in 2011. Staff pay was 0% of spending. $88,590 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
Gail Borden Public Library Foundation'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