The Fletcher Memorial Library Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 79,415 | 26,900 | 52,515 | 159.1 | — |
| 2012 | 164,740 | 38,911 | 125,829 | 151.6 | — |
| 2013 | 88,722 | 39,694 | 49,028 | 157.6 | 17% |
| 2014 | 46,181 | 46,811 | −630 | 133.7 | 23% |
| 2015 | 43,409 | 51,084 | −7,675 | 118.8 | 34% |
| 2016 | 42,440 | 59,011 | −16,571 | 101.8 | 32% |
| 2017 | 53,887 | 51,517 | 2,370 | 123.5 | 35% |
| 2018 | 61,370 | 54,377 | 6,993 | 110.2 | 34% |
| 2019 | 107,337 | 59,421 | 47,916 | 118.4 | 32% |
| 2020 | 82,290 | 58,128 | 24,162 | 132.4 | 32% |
| 2021 | 64,657 | 72,410 | −7,753 | 107.5 | 26% |
| 2022 | 67,861 | 73,309 | −5,448 | 92.5 | 28% |
| 2023 | 68,382 | 74,027 | −5,645 | 94.6 | 27% |
In its most recent public year (2023), this organization spent $5,645 more than it brought in. Its reserves stood at about 94.6 months of spending, down from 159.1 in 2011. Staff pay was 27% of spending. $30,000 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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