Foundation For Lincoln City Libraries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 195,603 | 193,985 | 1,618 | 164.5 | 27% |
| 2012 | 296,771 | 361,061 | −64,290 | 91.6 | 15% |
| 2013 | 337,554 | 227,482 | 110,072 | 165.9 | 26% |
| 2014 | 319,513 | 328,005 | −8,492 | 115.4 | 19% |
| 2015 | 578,445 | 247,378 | 331,067 | 159.9 | 27% |
| 2016 | 383,451 | 304,415 | 79,036 | 135.2 | 25% |
| 2017 | 410,565 | 434,650 | −24,085 | 104.7 | 18% |
| 2018 | 438,490 | 280,120 | 158,370 | 156.4 | 30% |
| 2019 | 359,682 | 278,781 | 80,901 | 187.7 | 33% |
| 2020 | 401,620 | 254,356 | 147,264 | 236.7 | 32% |
| 2021 | 429,065 | 387,268 | 41,797 | 172.0 | 21% |
| 2022 | 365,911 | 381,165 | −15,254 | 142.0 | 22% |
| 2023 | 593,710 | 367,926 | 225,784 | 163.8 | 22% |
In its most recent public year (2023), this organization brought in $225,784 more than it spent. Its reserves stood at about 163.8 months of spending. Staff pay was 22% of spending. $2,369,795 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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