Lower Merion Library Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 243,402 | 475,303 | −231,901 | 20.5 | 0% |
| 2012 | 289,919 | 470,676 | −180,757 | 16.0 | 0% |
| 2013 | 182,020 | 464,166 | −282,146 | 9.0 | 0% |
| 2014 | 16,857 | 215,489 | −198,632 | 8.3 | 0% |
| 2015 | 21,511 | 84,325 | −62,814 | 12.2 | 0% |
| 2016 | 70,642 | 88,277 | −17,635 | 9.3 | 0% |
| 2017 | 37,935 | 61,589 | −23,654 | 8.7 | 0% |
| 2018 | 46,375 | 48,713 | −2,338 | 10.4 | — |
| 2019 | 116,149 | 53,979 | 62,170 | 23.2 | — |
| 2020 | 78,315 | 71,340 | 6,975 | 18.7 | — |
| 2021 | 113,812 | 128,837 | −15,025 | 9.0 | — |
| 2022 | 83,696 | 58,470 | 25,226 | 24.9 | — |
| 2023 | 98,992 | 39,379 | 59,613 | 55.2 | — |
In its most recent public year (2023), this organization brought in $59,613 more than it spent. Its reserves stood at about 55.2 months of spending, up from 20.5 in 2011.
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
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