Trustees Of The Public Library Of The City Of Boston
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 10,953,414 | 10,341,953 | 611,461 | 91.2 | 29% |
| 2021 | 16,249,859 | 9,817,480 | 6,432,379 | 120.3 | 31% |
| 2022 | 14,868,848 | 14,506,628 | 362,220 | 71.1 | 20% |
| 2023 | 15,587,519 | 15,793,637 | −206,118 | 67.2 | 24% |
In its most recent public year (2023), this organization spent $206,118 more than it brought in. Its reserves stood at about 67.2 months of spending, down from 91.2 in 2020. Staff pay was 24% of spending. $82,528,810 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 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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