District Of Columbia Public Library Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,355,981 | 932,582 | 423,399 | 60.5 | 18% |
| 2021 | 3,763,422 | 1,051,517 | 2,711,905 | 87.5 | 0% |
| 2022 | 846,390 | 1,640,784 | −794,394 | 44.1 | 12% |
| 2023 | 1,012,067 | 2,247,632 | −1,235,565 | 28.5 | 9% |
In its most recent public year (2023), this organization spent $1,235,565 more than it brought in. Its reserves stood at about 28.5 months of spending, down from 60.5 in 2020. Staff pay was 9% of spending. $5,384,872 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
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