Mccord Memorial Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 349,330 | 267,068 | 82,262 | 112.4 | 48% |
| 2012 | 284,695 | 237,645 | 47,050 | 137.4 | 55% |
| 2013 | 296,760 | 246,312 | 50,448 | 141.2 | 55% |
| 2014 | 317,215 | 246,611 | 70,604 | 145.0 | 53% |
| 2015 | 265,271 | 236,774 | 28,497 | 150.8 | 56% |
| 2016 | 223,650 | 238,182 | −14,532 | 154.2 | 57% |
| 2017 | 289,867 | 245,170 | 44,697 | 157.8 | 57% |
| 2018 | 417,347 | 237,138 | 180,209 | 166.9 | 60% |
| 2019 | 395,584 | 252,611 | 142,973 | 171.5 | 61% |
| 2020 | 284,363 | 220,776 | 63,587 | 206.3 | 62% |
| 2021 | 336,968 | 209,556 | 127,412 | 228.9 | 60% |
| 2022 | 534,730 | 272,441 | 262,289 | 156.9 | 56% |
| 2023 | 193,976 | 377,612 | −183,636 | 116.5 | 0% |
In its most recent public year (2023), this organization spent $183,636 more than it brought in. Its reserves stood at about 116.5 months of spending, up from 112.4 in 2011. Staff pay was 0% 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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