Friends Of The Palo Alto Public Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 367,131 | 627,759 | −260,628 | 8.8 | 4% |
| 2013 | 333,652 | 397,082 | −63,430 | 12.0 | 20% |
| 2014 | 375,583 | 326,901 | 48,682 | 16.3 | 27% |
| 2015 | 386,949 | 397,272 | −10,323 | 13.1 | 23% |
| 2016 | 377,269 | 386,400 | −9,131 | 13.2 | 28% |
| 2017 | 416,904 | 372,040 | 44,864 | 15.2 | 29% |
| 2018 | 354,695 | 383,268 | −28,573 | 13.8 | 28% |
| 2019 | 408,351 | 343,640 | 64,711 | 17.7 | 21% |
| 2020 | 333,207 | 416,117 | −82,910 | 12.2 | 17% |
| 2021 | 320,656 | 286,318 | 34,338 | 19.2 | 25% |
| 2022 | 403,008 | 314,321 | 88,687 | 20.8 | 23% |
| 2023 | 408,025 | 402,869 | 5,156 | 16.4 | 19% |
| 2024 | 450,379 | 406,553 | 43,826 | 17.6 | 19% |
In its most recent public year (2024), this organization brought in $43,826 more than it spent. Its reserves stood at about 17.6 months of spending, up from 8.8 in 2012. Staff pay was 19% 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 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
Friends Of The Palo Alto Public Library'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