Kismet Public Library Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 518,510 | 9,187 | 509,323 | 1092.7 | 0% |
| 2022 | 70,057 | 2,017 | 68,040 | 5381.9 | 0% |
| 2023 | 96,623 | 915,886 | −819,263 | 1.1 | — |
In its most recent public year (2023), this organization spent $819,263 more than it brought in. Its reserves stood at about 1.1 months of spending, down from 1092.7 in 2021.
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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