Knoxville Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 134,392 | 105,032 | 29,360 | 41.1 | — |
| 2012 | 115,523 | 218,575 | −103,052 | 20.5 | — |
| 2013 | 128,515 | 92,073 | 36,442 | 59.1 | 34% |
| 2014 | 124,051 | 100,913 | 23,138 | 56.8 | 30% |
| 2015 | 125,702 | 107,378 | 18,324 | 55.3 | 28% |
| 2016 | 116,152 | 106,886 | 9,266 | 56.7 | 32% |
| 2017 | 122,757 | 107,961 | 14,796 | 58.2 | 37% |
| 2018 | 121,749 | 113,943 | 7,806 | 54.6 | 37% |
| 2019 | 131,060 | 142,836 | −11,776 | 43.4 | 32% |
| 2020 | 130,294 | 117,165 | 13,129 | 55.2 | 36% |
| 2021 | 159,411 | 148,152 | 11,259 | 44.8 | 39% |
| 2022 | 3,363,864 | 125,984 | 3,237,880 | 358.4 | 41% |
| 2023 | 189,974 | 120,908 | 69,066 | 381.0 | 44% |
In its most recent public year (2023), this organization brought in $69,066 more than it spent. Its reserves stood at about 381 months of spending, up from 41.1 in 2011. Staff pay was 44% of spending. $1,458,403 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
Knoxville Library Association'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