Normal Public Library Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 52,897 | 24,114 | 28,783 | 102.1 | — |
| 2020 | 67,420 | 25,625 | 41,795 | 107.5 | — |
| 2021 | 89,974 | 38,229 | 51,745 | 88.3 | — |
| 2022 | 57,630 | 25,013 | 32,617 | 150.7 | — |
| 2023 | 276,383 | 29,859 | 246,524 | 225.3 | 0% |
| 2024 | 37,615 | 39,895 | −2,280 | 189.2 | 0% |
In its most recent public year (2024), this organization spent $2,280 more than it brought in. Its reserves stood at about 189.2 months of spending, up from 102.1 in 2019. Staff pay was 0% of spending.
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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