Cary Memorial Library Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 241,018 | 293,617 | −52,599 | 8.5 | 0% |
| 2012 | 215,705 | 209,777 | 5,928 | 12.2 | 0% |
| 2013 | 198,345 | 244,760 | −46,415 | 8.2 | 6% |
| 2014 | 232,448 | 240,411 | −7,963 | 8.0 | 8% |
| 2015 | 208,409 | 260,676 | −52,267 | 4.9 | 7% |
| 2016 | 979,730 | 1,016,536 | −36,806 | 0.8 | 2% |
| 2017 | 288,235 | 309,435 | −21,200 | 1.9 | 7% |
| 2018 | 399,275 | 336,346 | 62,929 | 4.0 | 8% |
| 2019 | 337,623 | 348,390 | −10,767 | 3.5 | 8% |
| 2020 | 252,642 | 276,949 | −24,307 | 3.3 | 10% |
| 2021 | 339,106 | 343,220 | −4,114 | 2.5 | 8% |
| 2022 | 276,961 | 233,610 | 43,351 | 6.0 | 12% |
| 2023 | 243,993 | 172,013 | 71,980 | 13.1 | 24% |
| 2024 | 2,130,022 | 1,829,383 | 300,639 | 3.2 | 2% |
In its most recent public year (2024), this organization brought in $300,639 more than it spent. Its reserves stood at about 3.2 months of spending, down from 8.5 in 2011. Staff pay was 2% of spending. $226,077 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
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