Fort Smith Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,653,838 | 2,695,998 | −42,160 | 10.3 | 55% |
| 2012 | 2,881,350 | 2,790,299 | 91,051 | 10.3 | 55% |
| 2013 | 2,705,657 | 2,997,283 | −291,626 | 8.5 | 53% |
| 2014 | 2,698,392 | 2,942,722 | −244,330 | 7.6 | 56% |
| 2015 | 2,880,146 | 3,127,314 | −247,168 | 1.5 | 52% |
| 2016 | 3,038,365 | 2,698,521 | 339,844 | 3.3 | 61% |
| 2017 | 2,903,226 | 2,998,287 | −95,061 | 2.6 | 55% |
| 2018 | 3,010,958 | 2,949,638 | 61,320 | 2.9 | 55% |
| 2019 | 3,056,592 | 3,048,921 | 7,671 | 2.8 | 55% |
| 2020 | 2,965,756 | 2,962,089 | 3,667 | 2.9 | 53% |
| 2021 | 3,424,796 | 2,862,060 | 562,736 | 5.4 | 58% |
| 2022 | 3,589,035 | 3,371,965 | 217,070 | 5.3 | 57% |
| 2023 | 14,262,833 | 4,009,330 | 10,253,503 | 35.2 | 49% |
In its most recent public year (2023), this organization brought in $10,253,503 more than it spent. Its reserves stood at about 35.2 months of spending, up from 10.3 in 2011. Staff pay was 49% 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 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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