Friends Of The Portland Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 27,870 | 27,501 | 369 | 15.0 | — |
| 2012 | 32,388 | 35,942 | −3,554 | 10.3 | — |
| 2013 | 23,832 | 30,262 | −6,430 | 9.7 | — |
| 2014 | 25,935 | 27,840 | −1,905 | 9.7 | — |
| 2015 | 28,415 | 28,240 | 175 | 9.6 | — |
| 2016 | 27,805 | 28,133 | −328 | 9.6 | — |
| 2017 | 26,786 | 24,495 | 2,291 | 12.1 | — |
| 2018 | 30,185 | 26,477 | 3,708 | 12.8 | — |
| 2019 | 29,247 | 24,183 | 5,064 | 16.6 | — |
| 2020 | 31,259 | 22,844 | 8,415 | 22.0 | — |
| 2021 | 37,016 | 26,325 | 10,691 | 23.9 | — |
| 2022 | 30,279 | 31,347 | −1,068 | 19.7 | — |
| 2023 | 30,314 | 27,249 | 3,065 | 24.0 | — |
In its most recent public year (2023), this organization brought in $3,065 more than it spent. Its reserves stood at about 24 months of spending, up from 15 in 2011.
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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