Friends Of The Edward Ward Carmack Gallatin Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 23,219 | 48,732 | −25,513 | 11.9 | — |
| 2013 | 88,925 | 13,722 | 75,203 | 108.0 | — |
| 2014 | 16,549 | 33,098 | −16,549 | 38.8 | — |
| 2015 | 14,034 | 38,768 | −24,734 | 25.4 | — |
| 2016 | 14,088 | 21,576 | −7,488 | 41.6 | — |
| 2017 | 14,034 | 23,844 | −9,810 | 32.7 | — |
| 2018 | 16,304 | 29,099 | −12,795 | 21.5 | — |
| 2019 | 35,747 | 33,255 | 2,492 | 19.7 | — |
| 2020 | 18,722 | 37,255 | −18,533 | 11.6 | — |
| 2022 | 41,673 | 22,145 | 19,528 | 44.6 | — |
| 2023 | 42,406 | 28,855 | 13,551 | 43.2 | — |
| 2024 | 132,321 | 19,896 | 112,425 | 129.3 | 0% |
In its most recent public year (2024), this organization brought in $112,425 more than it spent. Its reserves stood at about 129.3 months of spending, up from 11.9 in 2012. Staff pay was 0% of spending.
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 2024. 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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