Queens Library Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,648,785 | 1,934,626 | 714,159 | 84.2 | 33% |
| 2012 | 3,851,418 | 2,813,514 | 1,037,904 | 61.8 | 27% |
| 2013 | 5,218,366 | 3,829,716 | 1,388,650 | 47.2 | 22% |
| 2014 | 2,921,400 | 2,866,217 | 55,183 | 67.3 | 26% |
| 2015 | 2,440,709 | 1,630,716 | 809,993 | 121.8 | 30% |
| 2016 | 1,559,690 | 1,872,554 | −312,864 | 102.4 | 34% |
| 2017 | 2,027,465 | 2,190,485 | −163,020 | 99.8 | 33% |
| 2018 | 4,202,758 | 3,110,678 | 1,092,080 | 75.9 | 35% |
| 2019 | 2,493,647 | 3,373,458 | −879,811 | 68.3 | 29% |
| 2020 | 3,364,668 | 3,506,352 | −141,684 | 69.3 | 34% |
| 2021 | 2,851,185 | 2,848,417 | 2,768 | 102.6 | 32% |
| 2022 | 4,902,562 | 3,725,847 | 1,176,715 | 71.3 | 32% |
| 2023 | 2,744,295 | 4,667,087 | −1,922,792 | 56.5 | 18% |
In its most recent public year (2023), this organization spent $1,922,792 more than it brought in. Its reserves stood at about 56.5 months of spending, down from 84.2 in 2011. Staff pay was 18% of spending. $21,381,703 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 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
Queens Library Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. 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