Friends Of The Norfolk Public Library Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 49,164 | 32,967 | 16,197 | 19.0 | — |
| 2012 | 39,882 | 37,889 | 1,993 | 17.2 | — |
| 2013 | 36,233 | 14,547 | 21,686 | 62.6 | — |
| 2015 | 34,404 | 29,853 | 4,551 | 35.1 | — |
| 2016 | 43,399 | 47,848 | −4,449 | 20.8 | — |
| 2017 | 41,474 | 30,946 | 10,528 | 36.3 | — |
| 2018 | 37,029 | 30,501 | 6,528 | 39.4 | — |
| 2019 | 42,956 | 43,563 | −607 | 27.4 | — |
| 2020 | 21,466 | 29,848 | −8,382 | 36.6 | — |
| 2021 | 27,495 | 39,663 | −12,168 | 23.9 | — |
| 2022 | 56,523 | 42,284 | 14,239 | 26.4 | — |
| 2023 | 31,403 | 39,344 | −7,941 | 26.0 | — |
| 2024 | 44,502 | 36,211 | 8,291 | 31.0 | — |
In its most recent public year (2024), this organization brought in $8,291 more than it spent. Its reserves stood at about 31 months of spending, up from 19 in 2011.
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
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