Woburn Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,402,942 | 1,048,285 | 354,657 | 102.2 | 77% |
| 2012 | 1,709,818 | 1,007,748 | 702,070 | 114.7 | 81% |
| 2013 | 1,264,011 | 1,034,360 | 229,651 | 114.4 | 80% |
| 2014 | 2,002,913 | 1,224,651 | 778,262 | 104.3 | 0% |
| 2015 | 1,244,809 | 1,249,480 | −4,671 | 104.4 | 69% |
| 2016 | 1,320,894 | 1,234,938 | 85,956 | 106.5 | 73% |
| 2017 | 2,039,458 | 1,352,844 | 686,614 | 103.3 | 68% |
| 2018 | 2,105,667 | 1,394,414 | 711,253 | 106.3 | 70% |
| 2019 | 1,469,710 | 1,743,206 | −273,496 | 29.6 | 55% |
| 2020 | 1,887,470 | 2,150,470 | −263,000 | 68.7 | 56% |
| 2021 | 1,952,768 | 1,736,135 | 216,633 | 90.5 | 64% |
| 2022 | 1,942,223 | 1,528,530 | 413,693 | 100.0 | 72% |
| 2023 | 2,445,764 | 2,127,590 | 318,174 | 71.5 | 60% |
| 2024 | 2,055,721 | 2,153,837 | −98,116 | 72.0 | 63% |
In its most recent public year (2024), this organization spent $98,116 more than it brought in. Its reserves stood at about 72 months of spending, down from 102.2 in 2011. Staff pay was 63% of spending. $5,007,444 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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