Is Utica Public Library Legit?

The Utica Public Library demonstrates consistent financial operations, with revenues and expenses generally in balance over the past decade. For the most recent period (202403), the organization reported expenses of $1,627,978 against revenues of $1,484,273, indicating a slight deficit for that year. However, its assets have shown steady growth, increasing from $4,887,884 in 2015 to $5,696,641 in 2024, suggesting long-term financial stability. The absence of reported officer compensation across all filings indicates a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive sign for spending efficiency. The organization's liabilities have also remained manageable relative to its assets, further supporting its financial health.