The Friends Of The Middleton Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 23,923 | 58,276 | −34,353 | 13.2 | — |
| 2021 | 25,034 | 9,323 | 15,711 | 103.0 | — |
| 2022 | 18,837 | 33,906 | −15,069 | 23.0 | — |
| 2023 | 50,865 | 28,520 | 22,345 | 36.7 | — |
In its most recent public year (2023), this organization brought in $22,345 more than it spent. Its reserves stood at about 36.7 months of spending, up from 13.2 in 2020.
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
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