Memorial & Library Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,727,663 | 2,504,857 | 2,222,806 | 126.2 | 43% |
| 2012 | 4,222,634 | 2,740,725 | 1,481,909 | 123.9 | 37% |
| 2013 | 4,136,655 | 2,717,796 | 1,418,859 | 137.0 | 38% |
| 2014 | 1,765,034 | 2,803,896 | −1,038,862 | 137.7 | 37% |
| 2015 | 2,021,972 | 2,779,177 | −757,205 | 134.1 | 39% |
| 2016 | 2,071,169 | 2,768,550 | −697,381 | 128.7 | 40% |
| 2017 | 3,932,829 | 2,910,579 | 1,022,250 | 126.3 | 41% |
| 2018 | 5,578,143 | 2,747,864 | 2,830,279 | 134.5 | 43% |
| 2019 | 9,076,223 | 2,863,391 | 6,212,832 | 152.3 | 42% |
| 2020 | 2,752,570 | 2,860,809 | −108,239 | 152.3 | 45% |
| 2021 | 2,353,119 | 2,926,348 | −573,229 | 178.0 | 45% |
| 2022 | 3,083,300 | 2,974,224 | 109,076 | 149.8 | 47% |
| 2023 | 2,135,182 | 2,974,378 | −839,196 | 159.8 | 48% |
In its most recent public year (2023), this organization spent $839,196 more than it brought in. Its reserves stood at about 159.8 months of spending, up from 126.2 in 2011. Staff pay was 48% of spending. $14,915,575 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
Memorial & 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