Fort Smith Public Library Endowment Tr
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 581,699 | 291,349 | 290,350 | 174.1 | 0% |
| 2021 | 411,248 | 494,287 | −83,039 | 103.0 | 0% |
| 2022 | 49,351 | 282,700 | −233,349 | 148.0 | 0% |
| 2023 | 1,412,294 | 470,851 | 941,443 | 119.2 | 0% |
In its most recent public year (2023), this organization brought in $941,443 more than it spent. Its reserves stood at about 119.2 months of spending, down from 174.1 in 2020. Staff pay was 0% of spending. $4,676,543 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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