Pierpont Morgan Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 24,409,280 | 22,917,045 | 1,492,235 | 145.6 | 36% |
| 2012 | 27,923,395 | 23,171,927 | 4,751,468 | 142.4 | 37% |
| 2013 | 23,177,157 | 22,444,658 | 732,499 | 154.2 | 40% |
| 2014 | 41,530,000 | 23,801,608 | 17,728,392 | 157.8 | 39% |
| 2015 | 28,313,804 | 23,917,548 | 4,396,256 | 160.2 | 40% |
| 2016 | 32,170,193 | 24,575,232 | 7,594,961 | 152.2 | 40% |
| 2017 | 26,414,603 | 25,933,283 | 481,320 | 152.1 | 40% |
| 2018 | 43,314,751 | 26,070,973 | 17,243,778 | 160.6 | 41% |
| 2019 | 35,929,819 | 27,775,744 | 8,154,075 | 151.5 | 39% |
| 2020 | 30,703,871 | 28,143,549 | 2,560,322 | 139.3 | 42% |
| 2021 | 25,823,209 | 22,832,553 | 2,990,656 | 208.5 | 44% |
| 2022 | 59,153,120 | 26,123,983 | 33,029,137 | 181.7 | 40% |
| 2023 | 23,737,274 | 31,437,927 | −7,700,653 | 140.1 | 39% |
In its most recent public year (2023), this organization spent $7,700,653 more than it brought in. Its reserves stood at about 140.1 months of spending, down from 145.6 in 2011. Staff pay was 39% of spending. $261,927,605 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
Pierpont Morgan Library'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