Salem Public Library Memorial Fund Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 46,642 | 13,874 | 32,768 | 451.7 | 0% |
| 2012 | 65,117 | 18,080 | 47,037 | 376.9 | 0% |
| 2013 | 64,048 | 19,282 | 44,766 | 426.7 | 0% |
| 2014 | 27,653 | 117,340 | −89,687 | 64.7 | 0% |
| 2015 | 30,543 | 20,413 | 10,130 | 319.8 | 0% |
| 2016 | 68,941 | 16,575 | 52,366 | 444.1 | 0% |
| 2017 | 43,604 | 90,157 | −46,553 | 80.3 | 0% |
| 2018 | 63,110 | 18,262 | 44,848 | 376.7 | 0% |
| 2019 | 53,414 | 19,910 | 33,504 | 440.6 | 0% |
| 2020 | 58,818 | 14,835 | 43,983 | 705.7 | 0% |
| 2021 | 108,211 | 18,608 | 89,603 | 689.5 | 0% |
| 2022 | 17,736 | 19,223 | −1,487 | 575.5 | 0% |
| 2023 | 349,399 | 23,347 | 326,052 | 540.6 | 0% |
In its most recent public year (2023), this organization brought in $326,052 more than it spent. Its reserves stood at about 540.6 months of spending, up from 451.7 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
Salem Public Library Memorial Fund 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