Montclair Free Public Library Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 233,547 | 308,449 | −74,902 | 8.3 | 12% |
| 2012 | 252,918 | 164,503 | 88,415 | 22.0 | 10% |
| 2013 | 237,226 | 231,987 | 5,239 | 15.9 | 16% |
| 2014 | 318,158 | 304,789 | 13,369 | 12.6 | 11% |
| 2015 | 586,898 | 531,730 | 55,168 | 8.2 | 9% |
| 2016 | 276,647 | 229,567 | 47,080 | 19.1 | 28% |
| 2017 | 281,623 | 239,759 | 41,864 | 21.7 | 24% |
| 2018 | 392,174 | 183,565 | 208,609 | 41.0 | 11% |
| 2019 | 215,872 | 171,772 | 44,100 | 51.9 | 0% |
| 2020 | 352,380 | 206,178 | 146,202 | 54.9 | 0% |
| 2021 | 617,091 | 290,073 | 327,018 | 48.0 | 23% |
| 2022 | 385,316 | 433,229 | −47,913 | 27.5 | 34% |
| 2023 | 571,187 | 483,509 | 87,678 | 29.0 | 36% |
In its most recent public year (2023), this organization brought in $87,678 more than it spent. Its reserves stood at about 29 months of spending, up from 8.3 in 2011. Staff pay was 36% of spending. $100,000 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
Montclair Free Public Library Foundation Inc'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