Friends Of The Albany County Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 52,722 | 48,717 | 4,005 | 7.3 | — |
| 2021 | 35,955 | 48,499 | −12,544 | 4.2 | — |
| 2022 | 63,074 | 52,825 | 10,249 | 6.2 | — |
| 2023 | 66,734 | 62,782 | 3,952 | 6.0 | — |
In its most recent public year (2023), this organization brought in $3,952 more than it spent. Its reserves stood at about 6 months of spending, down from 7.3 in 2020.
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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