James Blackstone Memorial Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,088,181 | 1,765,986 | 1,322,195 | 74.0 | 51% |
| 2021 | 2,685,287 | 1,950,801 | 734,486 | 73.9 | 47% |
| 2022 | 2,732,077 | 2,098,511 | 633,566 | 68.2 | 46% |
| 2023 | 2,075,614 | 2,072,811 | 2,803 | 70.4 | 46% |
In its most recent public year (2023), this organization brought in $2,803 more than it spent. Its reserves stood at about 70.4 months of spending, down from 74 in 2020. Staff pay was 46% of spending. $2,804,248 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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