Oliver Wolcott Library Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 968,674 | 767,701 | 200,973 | 49.9 | 44% |
| 2013 | 715,694 | 750,137 | −34,443 | 53.9 | 47% |
| 2014 | 1,016,748 | 783,017 | 233,731 | 60.4 | 48% |
| 2015 | 1,745,959 | 810,372 | 935,587 | 57.8 | 48% |
| 2016 | 846,204 | 849,728 | −3,524 | 54.6 | 48% |
| 2017 | 903,491 | 909,659 | −6,168 | 55.1 | 46% |
| 2018 | 1,328,119 | 948,653 | 379,466 | 53.7 | 45% |
| 2019 | 824,676 | 921,784 | −97,108 | 56.2 | 47% |
| 2020 | 936,755 | 898,364 | 38,391 | 59.2 | 47% |
| 2021 | 1,062,685 | 859,236 | 203,449 | 75.4 | 47% |
| 2022 | 1,083,636 | 908,240 | 175,396 | 62.9 | 50% |
| 2023 | 977,483 | 1,069,827 | −92,344 | 55.2 | 43% |
In its most recent public year (2023), this organization spent $92,344 more than it brought in. Its reserves stood at about 55.2 months of spending, up from 49.9 in 2012. Staff pay was 43% of spending. $315,105 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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