Jesse M Smith Memorial Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 647,201 | 633,270 | 13,931 | 2.3 | 61% |
| 2013 | 684,532 | 683,927 | 605 | 2.2 | 57% |
| 2014 | 737,262 | 721,118 | 16,144 | 2.3 | 56% |
| 2015 | 797,947 | 779,811 | 18,136 | 2.4 | 56% |
| 2016 | 826,392 | 815,745 | 10,647 | 2.5 | 56% |
| 2017 | 922,650 | 873,494 | 49,156 | 3.0 | 56% |
| 2018 | 947,342 | 897,192 | 50,150 | 3.6 | 57% |
| 2019 | 965,128 | 935,441 | 29,687 | 3.8 | 55% |
| 2020 | 995,203 | 933,399 | 61,804 | 4.6 | 58% |
| 2021 | 1,030,009 | 901,444 | 128,565 | 6.5 | 56% |
| 2022 | 1,042,707 | 982,333 | 60,374 | 6.7 | 53% |
| 2023 | 1,104,561 | 1,060,155 | 44,406 | 6.7 | 56% |
In its most recent public year (2023), this organization brought in $44,406 more than it spent. Its reserves stood at about 6.7 months of spending, up from 2.3 in 2012. Staff pay was 56% 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
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