Friends Of The Bancroft Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 540,860 | 654,709 | −113,849 | 9.6 | 5% |
| 2012 | 272,132 | 370,650 | −98,518 | 13.8 | 0% |
| 2013 | 341,769 | 246,917 | 94,852 | 25.4 | 0% |
| 2014 | 338,879 | 232,247 | 106,632 | 32.5 | 0% |
| 2015 | 347,784 | 309,463 | 38,321 | 25.9 | 0% |
| 2016 | 416,023 | 301,582 | 114,441 | 31.1 | 0% |
| 2017 | 321,547 | 498,070 | −176,523 | 14.6 | 0% |
| 2018 | 296,444 | 313,352 | −16,908 | 22.5 | 0% |
| 2019 | 324,033 | 261,580 | 62,453 | 29.9 | 0% |
| 2020 | 162,283 | 219,817 | −57,534 | 32.4 | 0% |
| 2021 | 261,768 | 133,825 | 127,943 | 64.7 | 0% |
| 2022 | 374,397 | 480,292 | −105,895 | 15.4 | 0% |
| 2023 | 298,384 | 246,691 | 51,693 | 32.4 | 0% |
In its most recent public year (2023), this organization brought in $51,693 more than it spent. Its reserves stood at about 32.4 months of spending, up from 9.6 in 2011. 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
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