Pacific Grove Public Library Friends And Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 624,854 | 64,565 | 560,289 | 173.1 | 0% |
| 2012 | 35,250 | 789,827 | −754,577 | 2.7 | — |
| 2013 | 73,955 | 63,117 | 10,838 | 35.7 | — |
| 2014 | 44,758 | 58,527 | −13,769 | 35.7 | — |
| 2015 | 60,675 | 72,781 | −12,106 | 26.7 | — |
| 2016 | 114,028 | 45,327 | 68,701 | 61.1 | — |
| 2017 | 120,101 | 89,067 | 31,034 | 35.3 | — |
| 2018 | 354,557 | 391,566 | −37,009 | 6.9 | 0% |
| 2019 | 340,559 | 201,696 | 138,863 | 21.6 | 0% |
| 2020 | 50,147 | 327,884 | −277,737 | 3.1 | — |
| 2021 | 234,173 | 87,630 | 146,543 | 31.8 | 0% |
| 2022 | 1,265,578 | 144,314 | 1,121,264 | 112.6 | 0% |
| 2023 | 259,095 | 108,957 | 150,138 | 165.6 | 0% |
In its most recent public year (2023), this organization brought in $150,138 more than it spent. Its reserves stood at about 165.6 months of spending, down from 173.1 in 2011. 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 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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