Norwood Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 90,367 | 88,101 | 2,266 | 15.5 | — |
| 2014 | 89,817 | 80,032 | 9,785 | 18.5 | — |
| 2015 | 122,778 | 78,603 | 44,175 | 27.6 | 45% |
| 2016 | 106,185 | 81,236 | 24,949 | 30.4 | 45% |
| 2017 | 95,495 | 87,287 | 8,208 | 29.4 | 42% |
| 2018 | 93,064 | 85,536 | 7,528 | 31.1 | 44% |
| 2019 | 162,904 | 90,516 | 72,388 | 39.0 | 43% |
| 2020 | 93,099 | 104,858 | −11,759 | 32.3 | 41% |
| 2021 | 101,449 | 94,743 | 6,706 | 36.6 | 46% |
| 2022 | 97,236 | 104,856 | −7,620 | 32.2 | 43% |
| 2023 | 106,750 | 105,665 | 1,085 | 32.1 | 45% |
In its most recent public year (2023), this organization brought in $1,085 more than it spent. Its reserves stood at about 32.1 months of spending, up from 15.5 in 2013. Staff pay was 45% 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
Norwood Public Library's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works