Louttit Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 184,647 | 149,039 | 35,608 | 53.1 | 56% |
| 2012 | 151,217 | 166,765 | −15,548 | 46.4 | 51% |
| 2013 | 150,508 | 170,523 | −20,015 | 43.9 | 53% |
| 2014 | 185,890 | 179,183 | 6,707 | 42.2 | 52% |
| 2015 | 166,363 | 172,697 | −6,334 | 43.4 | 57% |
| 2016 | 201,201 | 184,801 | 16,400 | 41.6 | 58% |
| 2017 | 197,159 | 203,977 | −6,818 | 37.3 | 55% |
| 2018 | 304,657 | 226,204 | 78,453 | 37.8 | 54% |
| 2020 | 227,374 | 249,758 | −22,384 | 31.4 | 23% |
| 2021 | 262,393 | 292,662 | −30,269 | 25.5 | 51% |
| 2022 | 298,915 | 306,729 | −7,814 | 24.1 | 59% |
| 2023 | 312,081 | 320,461 | −8,380 | 22.7 | 60% |
In its most recent public year (2023), this organization spent $8,380 more than it brought in. Its reserves stood at about 22.7 months of spending, down from 53.1 in 2011. Staff pay was 60% 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
Louttit Library'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