Monhegan Memorial Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2009 | 38,499 | 27,953 | 10,546 | 177.8 | — |
| 2010 | 29,995 | 27,404 | 2,591 | 199.1 | — |
| 2011 | 23,208 | 26,678 | −3,470 | 231.1 | — |
| 2013 | 20,724 | 27,210 | −6,486 | 235.2 | 30% |
| 2014 | 39,295 | 32,430 | 6,865 | 226.1 | 47% |
| 2015 | 69,926 | 30,583 | 39,343 | 245.3 | 45% |
| 2016 | 47,285 | 36,282 | 11,003 | 202.5 | 48% |
| 2017 | 56,133 | 38,973 | 17,160 | 203.5 | 47% |
| 2018 | 60,171 | 47,836 | 12,335 | 173.7 | 42% |
| 2019 | 45,684 | 38,997 | 6,687 | 221.1 | 53% |
| 2020 | 46,882 | 36,035 | 10,847 | 247.5 | 52% |
| 2021 | 43,402 | 41,483 | 1,919 | 252.9 | 57% |
| 2022 | 41,471 | 42,569 | −1,098 | 217.8 | 54% |
| 2023 | 50,700 | 49,748 | 952 | 199.7 | 50% |
In its most recent public year (2023), this organization brought in $952 more than it spent. Its reserves stood at about 199.7 months of spending, up from 177.8 in 2009. Staff pay was 50% 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 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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