Portsmouth Public Library Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 55,113 | 62,715 | −7,602 | 36.2 | — |
| 2015 | 167,847 | 70,054 | 97,793 | 48.0 | — |
| 2016 | 23,924 | 55,659 | −31,735 | 54.3 | — |
| 2017 | 15,817 | 84,776 | −68,959 | 26.9 | — |
| 2018 | 78,935 | 54,253 | 24,682 | 46.5 | — |
| 2019 | 14,668 | 64,781 | −50,113 | 31.5 | — |
| 2020 | 16,399 | 29,887 | −13,488 | 66.0 | — |
| 2022 | 20,872 | 27,792 | −6,920 | 52.1 | — |
In its most recent public year (2022), this organization spent $6,920 more than it brought in. Its reserves stood at about 52.1 months of spending, up from 36.2 in 2014.
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 2022. 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
Portsmouth Public Library Foundation's IRS filings as a feed — one entry per filing year, through 2022. 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