Northeast Minneapolis Tool Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 106,218 | 91,966 | 14,252 | 7.8 | — |
| 2019 | 125,154 | 101,359 | 23,795 | 9.9 | — |
| 2020 | 134,951 | 119,309 | 15,642 | 10.2 | — |
| 2021 | 152,104 | 118,919 | 33,185 | 13.5 | — |
| 2022 | 168,421 | 154,703 | 13,718 | 11.5 | — |
| 2023 | 248,921 | 182,346 | 66,575 | 0.0 | 37% |
In its most recent public year (2023), this organization brought in $66,575 more than it spent. Its reserves stood at about 0 months of spending, down from 7.8 in 2018. Staff pay was 37% 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
Northeast Minneapolis Tool 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