Springfield Library Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 352,656 | 932,647 | −579,991 | 83.1 | 0% |
| 2012 | 452,215 | 628,692 | −176,477 | 113.4 | 0% |
| 2013 | 332,888 | 376,638 | −43,750 | 197.5 | 0% |
| 2014 | 282,077 | 402,264 | −120,187 | 188.1 | 0% |
| 2015 | 368,722 | 410,913 | −42,191 | 184.0 | 0% |
| 2016 | 1,795,142 | 338,811 | 1,456,331 | 264.2 | 0% |
| 2017 | 463,719 | 405,504 | 58,215 | 238.5 | 0% |
| 2018 | 1,138,615 | 970,511 | 168,104 | 136.9 | 0% |
| 2019 | 1,027,560 | 1,056,999 | −29,439 | 124.4 | 0% |
| 2020 | 613,743 | 924,860 | −311,117 | 139.8 | 0% |
| 2021 | 501,590 | 643,458 | −141,868 | 248.5 | 0% |
| 2022 | 1,245,314 | 640,136 | 605,178 | 234.0 | 0% |
| 2023 | 856,273 | 612,011 | 244,262 | 262.1 | 0% |
In its most recent public year (2023), this organization brought in $244,262 more than it spent. Its reserves stood at about 262.1 months of spending, up from 83.1 in 2011. Staff pay was 0% of spending. $10,301,875 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
Springfield 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