Willett Free Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 89,661 | 69,627 | 20,034 | 65.5 | — |
| 2012 | 501,751 | 59,267 | 442,484 | 171.8 | 0% |
| 2013 | 132,175 | 78,309 | 53,866 | 147.9 | 40% |
| 2014 | 165,573 | 98,086 | 67,487 | 131.5 | 37% |
| 2015 | 132,391 | 98,429 | 33,962 | 131.1 | 40% |
| 2016 | 100,834 | 115,071 | −14,237 | 112.1 | 43% |
| 2017 | 187,134 | 123,927 | 63,207 | 111.5 | 44% |
| 2018 | 158,449 | 133,516 | 24,933 | 105.8 | 42% |
| 2019 | 101,964 | 131,821 | −29,857 | 104.4 | 39% |
| 2020 | 152,745 | 124,921 | 27,824 | 110.4 | 40% |
| 2021 | 128,944 | 112,866 | 16,078 | 146.9 | 36% |
| 2022 | 211,506 | 135,189 | 76,317 | 117.9 | 36% |
| 2023 | 119,535 | 145,450 | −25,915 | 112.2 | 43% |
In its most recent public year (2023), this organization spent $25,915 more than it brought in. Its reserves stood at about 112.2 months of spending, up from 65.5 in 2011. Staff pay was 43% 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
Willett Free 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