Hudson Area Association Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | −157,093 | 211,330 | −368,423 | 19.0 | 47% |
| 2012 | 217,500 | 203,316 | 14,184 | 20.9 | 44% |
| 2013 | 324,038 | 265,110 | 58,928 | 19.1 | 43% |
| 2014 | 479,567 | 258,297 | 221,270 | 29.9 | 43% |
| 2015 | 531,746 | 338,235 | 193,511 | 29.7 | 34% |
| 2016 | 398,453 | 452,945 | −54,492 | 20.7 | 35% |
| 2017 | 427,229 | 460,451 | −33,222 | 21.8 | 42% |
| 2018 | 549,087 | 546,256 | 2,831 | 18.4 | 45% |
| 2019 | 627,640 | 588,537 | 39,103 | 17.9 | 45% |
| 2020 | 602,203 | 557,247 | 44,956 | 19.9 | 48% |
| 2021 | 634,014 | 612,234 | 21,780 | 18.5 | 46% |
| 2022 | 525,862 | 621,997 | −96,135 | 109.8 | 51% |
| 2023 | 810,080 | 653,103 | 156,977 | 86.7 | 53% |
In its most recent public year (2023), this organization brought in $156,977 more than it spent. Its reserves stood at about 86.7 months of spending, up from 19 in 2011. Staff pay was 53% of spending. $3,920,828 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
Hudson Area Association 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