Friends Of The Venice Public Library Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 360,589 | 152,751 | 207,838 | 84.8 | 29% |
| 2020 | 150,440 | 40,962 | 109,478 | 355.2 | 0% |
| 2021 | 302,892 | 68,410 | 234,482 | 243.3 | 0% |
| 2022 | 126,505 | 104,537 | 21,968 | 139.8 | 0% |
| 2023 | 118,548 | 101,652 | 16,896 | 156.9 | 0% |
In its most recent public year (2023), this organization brought in $16,896 more than it spent. Its reserves stood at about 156.9 months of spending, up from 84.8 in 2019. 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
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