Norfolk Public Library Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 15,953 | 6,342 | 9,611 | 193.7 | — |
| 2013 | 18,362 | 13,986 | 4,376 | 91.6 | — |
| 2014 | 27,604 | 6,205 | 21,399 | 247.9 | — |
| 2015 | 21,225 | 14,322 | 6,903 | 113.2 | — |
| 2016 | 104,323 | 13,492 | 90,831 | 200.9 | — |
| 2017 | 16,523 | 83,483 | −66,960 | 22.8 | — |
| 2018 | 11,947 | 87,776 | −75,829 | 11.4 | — |
| 2019 | 39,853 | 1,672 | 38,181 | 870.5 | — |
| 2020 | 19,607 | 7,190 | 12,417 | 223.2 | — |
| 2021 | 351,423 | 200,700 | 150,723 | 17.0 | 0% |
| 2022 | 276,130 | 50,000 | 226,130 | 122.5 | 0% |
| 2023 | 26,796 | 3,350 | 23,446 | 1912.9 | 0% |
In its most recent public year (2023), this organization brought in $23,446 more than it spent. Its reserves stood at about 1912.9 months of spending, up from 193.7 in 2012. Staff pay was 0% 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
Norfolk Public Library Foundation's IRS filings as a feed — one entry per filing year, through 2023. 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