Harbor Springs Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 125,438 | 126,145 | −707 | 30.7 | 40% |
| 2012 | 142,381 | 143,945 | −1,564 | 26.8 | 57% |
| 2013 | 184,657 | 143,031 | 41,626 | 26.2 | 59% |
| 2014 | 130,997 | 130,794 | 203 | 28.7 | 55% |
| 2015 | 173,487 | 150,156 | 23,331 | 26.9 | 45% |
| 2016 | 108,001 | 109,033 | −1,032 | 36.9 | 47% |
| 2017 | 148,779 | 119,083 | 29,696 | 36.8 | 46% |
| 2018 | 127,946 | 128,189 | −243 | 34.1 | 49% |
| 2019 | 162,482 | 138,203 | 24,279 | 33.8 | 49% |
| 2020 | 198,541 | 131,063 | 67,478 | 41.8 | 52% |
| 2021 | 188,537 | 142,672 | 45,865 | 42.2 | 49% |
| 2022 | 182,358 | 115,446 | 66,912 | 59.2 | 47% |
| 2023 | 173,066 | 214,124 | −41,058 | 31.8 | 27% |
In its most recent public year (2023), this organization spent $41,058 more than it brought in. Its reserves stood at about 31.8 months of spending, up from 30.7 in 2011. Staff pay was 27% 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
Harbor Springs 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