Friends Of The Ottawa Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 64,978 | 64,397 | 581 | 5.2 | — |
| 2019 | 197,759 | 200,311 | −2,552 | 1.5 | — |
| 2020 | 19,647 | 9,298 | 10,349 | 46.1 | — |
| 2021 | 18,087 | 23,751 | −5,664 | 15.2 | — |
In its most recent public year (2021), this organization spent $5,664 more than it brought in. Its reserves stood at about 15.2 months of spending, up from 5.2 in 2018.
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 2021. 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
Friends Of The Ottawa Library's IRS filings as a feed — one entry per filing year, through 2021. 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