Friends Of Keene Memorial Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 187,800 | 99,351 | 88,449 | 24.7 | — |
| 2021 | 695,625 | 130,857 | 564,768 | 70.0 | 0% |
| 2022 | 459,885 | 564,196 | −104,311 | 12.3 | 0% |
| 2023 | 595,856 | 987,167 | −391,311 | 2.5 | 0% |
In its most recent public year (2023), this organization spent $391,311 more than it brought in. Its reserves stood at about 2.5 months of spending, down from 24.7 in 2020. Staff pay was 0% of spending. $64,288 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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