Abbott Library Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 195,162 | 30,422 | 164,740 | 285.5 | 0% |
| 2013 | 495,223 | 98,292 | 396,931 | 136.8 | 0% |
| 2014 | 72,692 | 1,007,002 | −934,310 | 0.3 | 0% |
| 2015 | 45,901 | 51,172 | −5,271 | 4.7 | 0% |
| 2016 | 36,717 | 20,639 | 16,078 | 21.0 | 0% |
| 2017 | 12,516 | 13,983 | −1,467 | 29.8 | — |
| 2018 | 29,605 | 7,740 | 21,865 | 87.7 | — |
| 2019 | 15,387 | 27,130 | −11,743 | 19.8 | — |
| 2020 | 17,265 | 3,758 | 13,507 | 186.2 | — |
| 2021 | 32,426 | 2,848 | 29,578 | 370.3 | — |
| 2022 | 16,875 | 15,124 | 1,751 | 71.1 | — |
| 2023 | 24,199 | 26,003 | −1,804 | 40.5 | — |
In its most recent public year (2023), this organization spent $1,804 more than it brought in. Its reserves stood at about 40.5 months of spending, down from 285.5 in 2012.
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
Abbott Library Foundation'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