Friends Of The Milpitas Community Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 50,478 | 48,945 | 1,533 | 0.4 | — |
| 2013 | 50,400 | 48,342 | 2,058 | 0.9 | — |
| 2014 | 51,992 | 42,275 | 9,717 | 19.5 | — |
| 2015 | 51,160 | 61,046 | −9,886 | 11.6 | — |
| 2016 | 54,817 | 51,958 | 2,859 | 14.3 | — |
| 2017 | 54,550 | 53,942 | 608 | 13.9 | — |
| 2018 | 56,477 | 68,432 | −11,955 | 8.9 | — |
| 2019 | 69,700 | 7,163 | 62,537 | 189.3 | — |
| 2020 | 42,965 | 13,839 | 29,126 | 123.3 | — |
| 2021 | 46,619 | 32,101 | 14,518 | 58.6 | — |
| 2022 | 51,459 | 53,565 | −2,106 | 34.6 | — |
| 2023 | 62,397 | 55,857 | 6,540 | 34.6 | — |
In its most recent public year (2023), this organization brought in $6,540 more than it spent. Its reserves stood at about 34.6 months of spending, up from 0.4 in 2012.
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
Friends Of The Milpitas Community Library's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works