Sturgis Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 574,217 | 538,960 | 35,257 | 92.5 | 40% |
| 2013 | 416,454 | 550,296 | −133,842 | 93.2 | 46% |
| 2014 | 424,407 | 532,679 | −108,272 | 101.2 | 45% |
| 2015 | 522,336 | 569,867 | −47,531 | 92.4 | 45% |
| 2016 | 910,240 | 590,697 | 319,543 | 95.7 | 47% |
| 2017 | 699,885 | 575,445 | 124,440 | 100.6 | 47% |
| 2018 | 747,129 | 670,360 | 76,769 | 87.1 | 44% |
| 2019 | 922,938 | 767,530 | 155,408 | 77.1 | 39% |
| 2020 | 621,938 | 662,050 | −40,112 | 88.6 | 44% |
| 2021 | 670,738 | 598,080 | 72,658 | 107.6 | 50% |
| 2022 | 875,647 | 595,226 | 280,421 | 103.2 | 50% |
| 2023 | 741,719 | 647,756 | 93,963 | 98.3 | 45% |
| 2024 | 1,406,893 | 651,470 | 755,423 | 113.0 | 44% |
In its most recent public year (2024), this organization brought in $755,423 more than it spent. Its reserves stood at about 113 months of spending, up from 92.5 in 2012. Staff pay was 44% of spending. $924,358 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 2024. 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
Sturgis Library's IRS filings as a feed — one entry per filing year, through 2024. 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