Middletown Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 102,585 | 102,438 | 147 | 54.2 | 38% |
| 2014 | 143,886 | 177,658 | −33,772 | 29.0 | 49% |
| 2015 | 93,898 | 197,800 | −103,902 | 19.7 | 49% |
| 2016 | 135,660 | 206,141 | −70,481 | 15.2 | 51% |
| 2017 | 106,173 | 178,842 | −72,669 | 14.0 | 54% |
| 2018 | 178,666 | 194,845 | −16,179 | 11.8 | 53% |
| 2019 | 177,288 | 196,005 | −18,717 | 10.6 | — |
| 2020 | 192,876 | 170,438 | 22,438 | 13.7 | — |
| 2021 | 307,652 | 168,930 | 138,722 | 23.7 | 0% |
| 2022 | 722,782 | 193,828 | 528,954 | 53.4 | 49% |
| 2023 | 250,488 | 192,661 | 57,827 | 57.3 | 51% |
In its most recent public year (2023), this organization brought in $57,827 more than it spent. Its reserves stood at about 57.3 months of spending, up from 54.2 in 2013. Staff pay was 51% of spending. $742,899 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
Middletown Public Library'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