Paterson Library Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 34,580 | 28,380 | 6,200 | 2.6 | — |
| 2013 | 59,280 | 54,084 | 5,196 | 2.5 | — |
| 2014 | 63,256 | 57,628 | 5,628 | 3.5 | — |
| 2015 | 81,560 | 51,290 | 30,270 | 11.1 | — |
| 2016 | 62,986 | 66,588 | −3,602 | 7.9 | — |
| 2017 | 116,184 | 103,735 | 12,449 | 6.5 | — |
| 2018 | 92,847 | 78,626 | 14,221 | 10.4 | — |
| 2019 | 54,925 | 47,053 | 7,872 | 19.5 | — |
| 2020 | 65,189 | 35,726 | 29,463 | 35.5 | — |
| 2021 | 79,250 | 94,643 | −15,393 | 11.5 | — |
| 2022 | 35,600 | 46,006 | −10,406 | 20.9 | — |
| 2023 | 46,271 | 47,906 | −1,635 | 20.0 | — |
In its most recent public year (2023), this organization spent $1,635 more than it brought in. Its reserves stood at about 20 months of spending, up from 2.6 in 2012.
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
Paterson 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