Library Foundation For Sarasota County Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 92,150 | 860 | 91,290 | 1273.8 | — |
| 2012 | 113,232 | 46,976 | 66,256 | 40.5 | — |
| 2013 | 279,158 | 122,063 | 157,095 | 31.9 | 0% |
| 2014 | 279,294 | 110,036 | 169,258 | 53.9 | 0% |
| 2015 | 366,394 | 250,049 | 116,345 | 29.3 | 0% |
| 2016 | 702,473 | 230,875 | 471,598 | 56.3 | 11% |
| 2017 | 845,358 | 329,361 | 515,997 | 60.2 | 15% |
| 2018 | 2,415,976 | 486,039 | 1,929,937 | 83.0 | 11% |
| 2019 | 1,311,735 | 534,143 | 777,592 | 73.9 | 10% |
| 2020 | 854,705 | 489,205 | 365,500 | 115.6 | 15% |
| 2021 | 1,039,095 | 467,468 | 571,627 | 134.1 | 32% |
| 2022 | 527,608 | 631,326 | −103,718 | 87.7 | 31% |
| 2023 | 371,541 | 336,740 | 34,801 | 175.8 | 39% |
| 2024 | 589,605 | 722,201 | −132,596 | 89.5 | 33% |
In its most recent public year (2024), this organization spent $132,596 more than it brought in. Its reserves stood at about 89.5 months of spending, down from 1273.8 in 2011. Staff pay was 33% of spending. $2,416,126 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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