Rockport Library Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,066,016 | 219,159 | 846,857 | 46.4 | 0% |
| 2020 | 972,678 | 914,288 | 58,390 | 11.9 | 0% |
| 2021 | 664,921 | 1,209,174 | −544,253 | 2.6 | 0% |
| 2022 | 125,728 | 213,759 | −88,031 | 9.7 | 0% |
| 2023 | 36,460 | 24,786 | 11,674 | 89.4 | — |
| 2024 | 105,946 | 46,819 | 59,127 | 62.5 | — |
In its most recent public year (2024), this organization brought in $59,127 more than it spent. Its reserves stood at about 62.5 months of spending, up from 46.4 in 2019.
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 2024. 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
Rockport Library Foundation's IRS filings as a feed — one entry per filing year, through 2024. 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