Linn County Library Dist 1
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 82,280 | 81,228 | 1,052 | 51.4 | — |
| 2020 | 107,785 | 95,283 | 12,502 | 46.5 | — |
| 2021 | 94,053 | 93,659 | 394 | 48.1 | — |
| 2022 | 102,257 | 133,456 | −31,199 | 30.9 | — |
| 2023 | 157,205 | 181,449 | −24,244 | 28.3 | — |
In its most recent public year (2023), this organization spent $24,244 more than it brought in. Its reserves stood at about 28.3 months of spending, down from 51.4 in 2019.
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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