Selbyville Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 226,344 | 227,520 | −1,176 | 8.6 | 60% |
| 2012 | 221,421 | 227,693 | −6,272 | 8.2 | 60% |
| 2013 | 237,870 | 255,145 | −17,275 | 6.5 | 51% |
| 2014 | 222,622 | 210,424 | 12,198 | 8.6 | 56% |
| 2015 | 275,235 | 227,147 | 48,088 | 10.5 | 57% |
| 2016 | 242,473 | 256,896 | −14,423 | 8.6 | 50% |
| 2017 | 298,343 | 234,955 | 63,388 | 12.7 | 35% |
| 2018 | 250,964 | 248,588 | 2,376 | 12.1 | 56% |
| 2019 | 266,080 | 252,541 | 13,539 | 12.5 | 56% |
| 2020 | 337,695 | 294,885 | 42,810 | 12.5 | 59% |
| 2021 | 404,716 | 434,200 | −29,484 | 7.7 | 36% |
| 2022 | 538,595 | 537,085 | 1,510 | 6.2 | 31% |
| 2023 | 1,898,161 | 966,149 | 932,012 | 15.0 | 22% |
In its most recent public year (2023), this organization brought in $932,012 more than it spent. Its reserves stood at about 15 months of spending, up from 8.6 in 2011. Staff pay was 22% of spending. $1,019,627 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
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