Cambridge Public Library Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 707,961 | 24,714 | 683,247 | 331.8 | 0% |
| 2017 | 167,730 | 240,804 | −73,074 | 34.7 | 0% |
| 2018 | 821,017 | 236,694 | 584,323 | 64.9 | 25% |
| 2019 | 376,374 | 317,320 | 59,054 | 54.3 | 34% |
| 2020 | 583,230 | 408,132 | 175,098 | 48.5 | 33% |
| 2021 | 615,366 | 366,459 | 248,907 | 67.5 | 39% |
| 2022 | 380,018 | 399,007 | −18,989 | 61.4 | 31% |
| 2023 | 714,371 | 399,334 | 315,037 | 70.8 | 32% |
In its most recent public year (2023), this organization brought in $315,037 more than it spent. Its reserves stood at about 70.8 months of spending, down from 331.8 in 2016. Staff pay was 32% of spending. $1,211,049 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
Cambridge Public Library Foundation Inc'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