Virginia Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 279,470 | 230,751 | 48,719 | 15.6 | 0% |
| 2012 | 321,497 | 293,961 | 27,536 | 14.4 | 0% |
| 2013 | 267,039 | 261,916 | 5,123 | 15.3 | 0% |
| 2014 | 322,395 | 281,944 | 40,451 | 16.0 | 0% |
| 2015 | 339,828 | 367,026 | −27,198 | 12.8 | 0% |
| 2016 | 368,409 | 358,703 | 9,706 | 12.2 | 0% |
| 2017 | 367,744 | 340,733 | 27,011 | 16.2 | 0% |
| 2018 | 381,591 | 381,280 | 311 | 12.9 | 24% |
| 2019 | 412,012 | 354,098 | 57,914 | 18.1 | 27% |
| 2020 | 175,848 | 210,602 | −34,754 | 29.4 | 47% |
| 2021 | 300,607 | 335,199 | −34,592 | 18.9 | 31% |
| 2022 | 411,525 | 414,050 | −2,525 | 12.5 | 26% |
| 2023 | 532,671 | 488,244 | 44,427 | 12.9 | 24% |
In its most recent public year (2023), this organization brought in $44,427 more than it spent. Its reserves stood at about 12.9 months of spending, down from 15.6 in 2011. Staff pay was 24% of spending.
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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