OTIS LIBRARY
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$2,073,689
Government Grants
63%
Other
17%
Investments
11%
Contributions
8%
Program Services
1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025
$1,890,687
Salaries & Benefits
67%
Other
16%
Depreciation
12%
Offices, Occupancy & IT
4%
Fees to Service Providers
1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2024
2025
Change
Contributions
$144,888
$160,383
+11%
Government Grants
$1,281,165
$1,309,208
+2%
Fundraising Events
$0
$0
-
Program Services
$16,044
$24,038
+50%
Membership Dues
$0
$0
-
Investments
$231,384
$236,750
+2%
Other
-$74,143
$343,310
-563%
Total Revenues
$1,599,338
$2,073,689
+30%
Expenses
2024
2025
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,173,872
$1,266,658
+8%
Fees to Service Providers
$22,148
$20,449
-8%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$65,063
$68,246
+5%
Interest
$0
$0
-
Depreciation
$234,434
$234,430
0%
Other
$317,210
$300,904
-5%
Total Expenses
$1,812,727
$1,890,687
+4%
Net income
2024
2025
Change
Net income
-$213,389
+$183,002
-186%
Functional Expenses
Summary
2024
2025
Change
Program
$1,479,657
$1,521,470
+3%
Admin
$240,534
$276,285
+15%
Fundraising
$92,536
$92,932
+0%
Total Expenses
$1,812,727
$1,890,687
+4%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)