Montecito Friends Of The Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 97,691 | 69,251 | 28,440 | 87.3 | 40% |
| 2012 | 173,904 | 73,523 | 100,381 | 98.7 | 40% |
| 2013 | 157,177 | 90,798 | 66,379 | 88.8 | 53% |
| 2014 | 93,313 | 108,458 | −15,145 | 72.7 | 45% |
| 2015 | 165,500 | 54,694 | 110,806 | 168.4 | 54% |
| 2016 | 53,531 | 43,221 | 10,310 | 218.4 | 0% |
| 2017 | 112,859 | 144,948 | −32,089 | 56.7 | 0% |
| 2018 | 501,984 | 269,492 | 232,492 | 40.8 | 0% |
| 2019 | 216,357 | 44,009 | 172,348 | 303.8 | 0% |
| 2020 | 52,692 | 173,229 | −120,537 | 81.9 | 0% |
| 2021 | 351,554 | 193,697 | 157,857 | 90.4 | 0% |
| 2022 | 301,938 | 107,553 | 194,385 | 143.0 | 0% |
| 2023 | 131,339 | 230,544 | −99,205 | 68.8 | 0% |
| 2024 | 127,038 | 169,911 | −42,873 | 100.9 | 0% |
In its most recent public year (2024), this organization spent $42,873 more than it brought in. Its reserves stood at about 100.9 months of spending, up from 87.3 in 2011. Staff pay was 0% of spending. $704,343 of its net assets are donor-restricted.
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
Montecito Friends Of The 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