Board Of Directors Of The Morton County Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 279,095 | 317,281 | −38,186 | 3.0 | 50% |
| 2012 | 260,353 | 307,439 | −47,086 | 1.3 | 52% |
| 2013 | 309,920 | 311,205 | −1,285 | 1.2 | 52% |
| 2014 | 330,768 | 315,175 | 15,593 | 1.8 | 52% |
| 2015 | 313,285 | 294,046 | 19,239 | 2.7 | 53% |
| 2016 | 226,414 | 224,105 | 2,309 | 3.7 | 55% |
| 2017 | 194,726 | 210,597 | −15,871 | 3.0 | 57% |
| 2018 | 212,488 | 211,437 | 1,051 | 2.9 | 57% |
| 2019 | 217,347 | 205,122 | 12,225 | 3.8 | 52% |
| 2020 | 208,324 | 204,253 | 4,071 | 4.1 | 56% |
| 2021 | 205,197 | 201,402 | 3,795 | 4.4 | 51% |
| 2022 | 199,969 | 249,284 | −49,315 | 1.1 | 49% |
| 2023 | 217,105 | 261,871 | −44,766 | -1.0 | 54% |
In its most recent public year (2023), this organization spent $44,766 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1 months), down from 3 in 2011. Staff pay was 54% of spending.
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
Board Of Directors Of The Morton County Public Library'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