Gaylord Memorial Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 62,968 | 96,674 | −33,706 | 53.7 | — |
| 2012 | 89,572 | 105,896 | −16,324 | 46.2 | — |
| 2013 | 75,994 | 93,488 | −17,494 | 54.1 | — |
| 2014 | 78,478 | 115,235 | −36,757 | 42.7 | — |
| 2015 | 59,899 | 124,341 | −64,442 | 33.5 | — |
| 2016 | 87,484 | 103,011 | −15,527 | 41.2 | — |
| 2017 | 43,394 | 65,949 | −22,555 | 66.3 | — |
| 2018 | 22,736 | 32,583 | −9,847 | 123.9 | — |
| 2019 | 15,465 | 32,193 | −16,728 | 147.7 | — |
| 2020 | 27,589 | 38,725 | −11,136 | 123.2 | — |
| 2021 | 8,306 | 40,955 | −32,649 | 116.9 | — |
| 2022 | 16,688 | 46,777 | −30,089 | 85.7 | — |
| 2023 | 25,517 | 30,432 | −4,915 | 138.9 | — |
In its most recent public year (2023), this organization spent $4,915 more than it brought in. Its reserves stood at about 138.9 months of spending, up from 53.7 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 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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