Providence Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,605,061 | 4,921,342 | −316,281 | 34.3 | 42% |
| 2012 | 1,125,007 | 3,902,198 | −2,777,191 | 28.1 | 44% |
| 2013 | 3,144,551 | 3,363,329 | −218,778 | 35.0 | 43% |
| 2014 | 4,338,924 | 3,812,625 | 526,299 | 31.9 | 48% |
| 2015 | 4,489,068 | 4,550,551 | −61,483 | 23.8 | 47% |
| 2016 | 4,731,804 | 5,244,782 | −512,978 | 16.9 | 40% |
| 2017 | 4,748,166 | 5,987,590 | −1,239,424 | 13.2 | 37% |
| 2018 | 5,880,907 | 5,350,413 | 530,494 | 16.0 | 34% |
| 2019 | 6,931,345 | 7,619,243 | −687,898 | 10.1 | 35% |
| 2020 | 7,535,662 | 6,065,521 | 1,470,141 | 15.7 | 47% |
| 2021 | 6,478,555 | 7,213,538 | −734,983 | 6.5 | 41% |
| 2022 | 8,598,972 | 8,415,479 | 183,493 | 8.5 | 40% |
| 2023 | 7,764,095 | 8,768,272 | −1,004,177 | 6.8 | 41% |
In its most recent public year (2023), this organization spent $1,004,177 more than it brought in. Its reserves stood at about 6.8 months of spending, down from 34.3 in 2011. Staff pay was 41% of spending. $461,353 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
Providence 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