Mercantile Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2008 | 0 | 0 | 0 | — | — |
| 2009 | 0 | 0 | 0 | — | — |
| 2013 | 768,083 | 678,677 | 89,406 | 82.7 | 41% |
| 2014 | 1,223,777 | 666,707 | 557,070 | 94.2 | 43% |
| 2015 | 1,126,303 | 733,318 | 392,985 | 92.1 | 41% |
| 2016 | 766,402 | 809,987 | −43,585 | 82.5 | 39% |
| 2017 | 860,627 | 828,582 | 32,045 | 81.0 | 41% |
| 2018 | 1,030,418 | 1,039,684 | −9,266 | 64.4 | 38% |
| 2019 | 1,335,270 | 1,030,381 | 304,889 | 68.9 | 41% |
| 2020 | 1,256,674 | 849,206 | 407,468 | 89.4 | 54% |
| 2021 | 1,392,295 | 824,744 | 567,551 | 100.3 | 57% |
| 2022 | 1,350,440 | 1,291,017 | 59,423 | 64.6 | 44% |
| 2023 | 3,050,999 | 1,273,795 | 1,777,204 | 82.2 | 46% |
In its most recent public year (2023), this organization brought in $1,777,204 more than it spent. Its reserves stood at about 82.2 months of spending. Staff pay was 46% of spending. $177,834 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
Mercantile Library'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