Maryland Library Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 352,159 | 300,241 | 51,918 | 9.0 | 42% |
| 2021 | 231,554 | 225,408 | 6,146 | 13.4 | 52% |
| 2022 | 291,417 | 266,265 | 25,152 | 11.7 | 31% |
| 2023 | 372,231 | 379,233 | −7,002 | 8.0 | 33% |
| 2024 | 415,810 | 415,838 | −28 | 7.4 | 35% |
In its most recent public year (2024), this organization spent $28 more than it brought in. Its reserves stood at about 7.4 months of spending, down from 9 in 2020. Staff pay was 35% 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 2024. 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
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