Friends Of The St Paul Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,746,432 | 2,392,301 | 354,131 | 87.2 | 43% |
| 2021 | 2,597,351 | 2,694,325 | −96,974 | 85.8 | 39% |
| 2022 | 2,854,681 | 2,888,184 | −33,503 | 68.2 | 38% |
| 2023 | 3,491,239 | 2,879,109 | 612,130 | 77.1 | 41% |
In its most recent public year (2023), this organization brought in $612,130 more than it spent. Its reserves stood at about 77.1 months of spending, down from 87.2 in 2020. Staff pay was 41% of spending. $15,908,342 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
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