Portsmouth Free Public Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 716,115 | 639,083 | 77,032 | 7.6 | 55% |
| 2012 | 718,213 | 740,216 | −22,003 | 6.5 | 48% |
| 2013 | 653,804 | 676,036 | −22,232 | 7.5 | 54% |
| 2014 | 703,155 | 699,591 | 3,564 | 8.0 | 53% |
| 2015 | 744,887 | 723,470 | 21,417 | 7.9 | 54% |
| 2016 | 714,523 | 767,099 | −52,576 | 7.7 | 52% |
| 2017 | 736,316 | 756,306 | −19,990 | 7.3 | 54% |
| 2018 | 767,482 | 766,730 | 752 | 7.2 | 53% |
| 2019 | 836,263 | 863,135 | −26,872 | 6.7 | 48% |
| 2020 | 750,457 | 718,110 | 32,347 | 7.8 | 54% |
| 2021 | 734,180 | 707,219 | 26,961 | 10.1 | 50% |
| 2022 | 806,286 | 753,126 | 53,160 | 10.3 | 52% |
| 2023 | 868,245 | 834,111 | 34,134 | 10.2 | 51% |
| 2024 | 841,137 | 854,192 | −13,055 | 10.0 | 52% |
In its most recent public year (2024), this organization spent $13,055 more than it brought in. Its reserves stood at about 10 months of spending, up from 7.6 in 2011. Staff pay was 52% of spending. $55,000 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 2024. 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
Portsmouth Free Public Library Association's IRS filings as a feed — one entry per filing year, through 2024. 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