The Newport Public Library Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 33,063 | 20,902 | 12,161 | 341.8 | 0% |
| 2013 | 70,387 | 19,542 | 50,845 | 420.8 | 0% |
| 2014 | 144,172 | 81,239 | 62,933 | 120.1 | 0% |
| 2015 | 217,425 | 330,689 | −113,264 | 24.7 | 0% |
| 2016 | 35,682 | 136,056 | −100,374 | 50.5 | 0% |
| 2017 | 35,817 | 19,776 | 16,041 | 371.2 | 0% |
| 2018 | 45,819 | 33,578 | 12,241 | 233.9 | 0% |
| 2019 | 46,199 | 22,852 | 23,347 | 364.8 | 0% |
| 2020 | 69,231 | 34,480 | 34,751 | 254.0 | 0% |
| 2021 | 46,589 | 22,502 | 24,087 | 480.4 | 0% |
| 2022 | 71,373 | 32,495 | 38,878 | 307.4 | 0% |
| 2023 | 54,852 | 91,926 | −37,074 | 110.1 | 0% |
In its most recent public year (2023), this organization spent $37,074 more than it brought in. Its reserves stood at about 110.1 months of spending, down from 341.8 in 2012. 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
The Newport 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