Minnesota Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 254,370 | 226,078 | 28,292 | 12.2 | 0% |
| 2012 | 249,059 | 268,741 | −19,682 | 9.4 | 0% |
| 2013 | 255,684 | 293,835 | −38,151 | 7.1 | 0% |
| 2014 | 230,370 | 235,032 | −4,662 | 8.6 | 0% |
| 2015 | 276,907 | 296,120 | −19,213 | 6.4 | 0% |
| 2016 | 249,273 | 239,644 | 9,629 | 8.4 | 0% |
| 2017 | 285,069 | 265,856 | 19,213 | 8.5 | 0% |
| 2018 | 269,372 | 239,227 | 30,145 | 10.9 | 0% |
| 2019 | 293,361 | 341,889 | −48,528 | 5.9 | 0% |
| 2020 | 135,464 | 170,966 | −35,502 | 8.8 | 0% |
| 2021 | 147,251 | 157,284 | −10,033 | 8.8 | 0% |
| 2022 | 283,534 | 270,199 | 13,335 | 6.7 | 0% |
| 2023 | 327,706 | 317,963 | 9,743 | 6.6 | 0% |
In its most recent public year (2023), this organization brought in $9,743 more than it spent. Its reserves stood at about 6.6 months of spending, down from 12.2 in 2011. Staff pay was 0% of spending. $13,393 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
Minnesota 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