Wilmington Institute Free Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,547,871 | 2,570,923 | −23,052 | 20.9 | 72% |
| 2012 | 3,549,380 | 2,654,606 | 894,774 | 24.2 | 70% |
| 2013 | 5,330,124 | 3,308,506 | 2,021,618 | 26.6 | 56% |
| 2014 | 7,856,557 | 3,229,956 | 4,626,601 | 45.0 | 55% |
| 2015 | 2,797,535 | 3,160,308 | −362,773 | 44.5 | 53% |
| 2016 | 4,502,160 | 3,144,829 | 1,357,331 | 49.6 | 53% |
| 2017 | 2,685,544 | 3,056,171 | −370,627 | 50.6 | 51% |
| 2018 | 2,740,489 | 3,154,181 | −413,692 | 47.5 | 40% |
| 2019 | 2,768,988 | 3,266,298 | −497,310 | 45.0 | 36% |
| 2020 | 3,008,766 | 3,158,300 | −149,534 | 45.6 | 36% |
| 2021 | 3,131,681 | 3,252,170 | −120,489 | 45.8 | 33% |
| 2022 | 3,829,527 | 3,464,805 | 364,722 | 41.0 | 32% |
| 2023 | 4,028,661 | 3,820,440 | 208,221 | 38.0 | 30% |
In its most recent public year (2023), this organization brought in $208,221 more than it spent. Its reserves stood at about 38 months of spending, up from 20.9 in 2011. Staff pay was 30% of spending. $64,656 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works