Charlotte Mecklenburg Library Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 2,908,838 | 305,577 | 2,603,261 | 117.7 | 0% |
| 2014 | 2,456,398 | 537,981 | 1,918,417 | 120.4 | 0% |
| 2015 | 1,775,387 | 895,327 | 880,060 | 82.3 | 0% |
| 2016 | 1,117,483 | 973,694 | 143,789 | 76.3 | 0% |
| 2017 | 1,606,655 | 1,125,279 | 481,376 | 77.2 | 0% |
| 2018 | 1,600,439 | 1,180,649 | 419,790 | 80.1 | 0% |
| 2019 | 6,265,973 | 1,193,166 | 5,072,807 | 128.9 | 0% |
| 2020 | 19,011,019 | 820,803 | 18,190,216 | 453.4 | 0% |
| 2021 | 6,519,993 | 1,901,846 | 4,618,147 | 239.0 | 0% |
| 2022 | 14,482,826 | 1,571,476 | 12,911,350 | 377.7 | 0% |
| 2023 | 4,905,932 | 2,302,484 | 2,603,448 | 275.5 | 0% |
In its most recent public year (2023), this organization brought in $2,603,448 more than it spent. Its reserves stood at about 275.5 months of spending, up from 117.7 in 2013. Staff pay was 0% of spending. $52,866,311 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
Charlotte Mecklenburg 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