Friends Of The Ipswich Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 449,858 | 35,027 | 414,831 | 182.8 | 0% |
| 2012 | 31,843 | 41,745 | −9,902 | 150.5 | 0% |
| 2013 | 32,891 | 35,444 | −2,553 | 176.4 | 0% |
| 2014 | 47,842 | 32,654 | 15,188 | 197.0 | 0% |
| 2015 | 40,576 | 42,319 | −1,743 | 151.6 | 0% |
| 2016 | 36,671 | 38,953 | −2,282 | 163.9 | 0% |
| 2017 | 53,517 | 45,140 | 8,377 | 143.7 | 0% |
| 2018 | 71,895 | 66,633 | 5,262 | 98.3 | 0% |
| 2019 | 37,802 | 54,160 | −16,358 | 117.3 | 0% |
| 2020 | 42,023 | 25,506 | 16,517 | 256.9 | 0% |
| 2021 | 49,955 | 38,820 | 11,135 | 172.2 | 0% |
| 2022 | 53,173 | 48,214 | 4,959 | 139.9 | 0% |
| 2023 | 37,713 | 46,383 | −8,670 | 143.2 | 0% |
In its most recent public year (2023), this organization spent $8,670 more than it brought in. Its reserves stood at about 143.2 months of spending, down from 182.8 in 2011. Staff pay was 0% of spending. $546,498 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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