Stonington Free Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 672,804 | 411,644 | 261,160 | 72.2 | 48% |
| 2012 | 412,088 | 428,974 | −16,886 | 69.3 | 51% |
| 2013 | 442,899 | 439,148 | 3,751 | 71.2 | 48% |
| 2014 | 518,524 | 474,322 | 44,202 | 72.8 | 51% |
| 2015 | 470,875 | 554,178 | −83,303 | 60.2 | 53% |
| 2016 | 1,465,189 | 601,268 | 863,921 | 74.6 | 49% |
| 2017 | 559,669 | 631,183 | −71,514 | 72.5 | 50% |
| 2018 | 919,619 | 601,635 | 317,984 | 81.3 | 51% |
| 2019 | 1,583,235 | 594,530 | 988,705 | 104.8 | 52% |
| 2020 | 1,380,391 | 565,278 | 815,113 | 119.2 | 55% |
| 2021 | 1,045,315 | 642,719 | 402,596 | 129.6 | 52% |
| 2022 | 851,245 | 744,654 | 106,591 | 101.6 | 50% |
| 2023 | 663,737 | 741,510 | −77,773 | 106.6 | 52% |
In its most recent public year (2023), this organization spent $77,773 more than it brought in. Its reserves stood at about 106.6 months of spending, up from 72.2 in 2011. Staff pay was 52% of spending. $829,050 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
Stonington Free Library Association'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