Whatcom County Library Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 22,337 | 20,157 | 2,180 | 33.9 | — |
| 2012 | 130,105 | 39,996 | 90,109 | 44.1 | — |
| 2013 | 195,243 | 30,153 | 165,090 | 126.7 | — |
| 2014 | 63,836 | 16,023 | 47,813 | 63.7 | 20% |
| 2015 | 62,766 | 80,406 | −17,640 | 10.1 | — |
| 2016 | 74,227 | 36,366 | 37,861 | 21.5 | — |
| 2017 | 90,532 | 81,016 | 9,516 | 11.1 | — |
| 2018 | 206,090 | 89,358 | 116,732 | 25.7 | 4% |
| 2019 | 168,728 | 130,006 | 38,722 | 21.3 | — |
| 2020 | 160,197 | 73,341 | 86,856 | 51.9 | — |
| 2021 | 118,238 | 89,078 | 29,160 | 46.6 | — |
| 2022 | 199,047 | 199,881 | −834 | 20.7 | — |
| 2023 | 195,690 | 324,853 | −129,163 | 8.0 | — |
In its most recent public year (2023), this organization spent $129,163 more than it brought in. Its reserves stood at about 8 months of spending, down from 33.9 in 2010.
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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works