Hartford Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 13,759,255 | 12,777,236 | 982,019 | 30.7 | 0% |
| 2022 | 19,581,056 | 13,094,334 | 6,486,722 | 32.1 | 0% |
| 2023 | 16,930,009 | 14,329,983 | 2,600,026 | 33.4 | 0% |
In its most recent public year (2023), this organization brought in $2,600,026 more than it spent. Its reserves stood at about 33.4 months of spending, up from 30.7 in 2021. Staff pay was 0% of spending. $5,730,237 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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