Madison County Library Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 166,582 | 192,166 | −25,584 | 41.1 | 47% |
| 2012 | 279,852 | 194,191 | 85,661 | 46.0 | 50% |
| 2013 | 171,364 | 214,564 | −43,200 | 39.2 | 49% |
| 2014 | 191,654 | 202,194 | −10,540 | 41.0 | 48% |
| 2015 | 197,850 | 213,587 | −15,737 | 37.9 | 47% |
| 2016 | 212,702 | 220,267 | −7,565 | 36.3 | 49% |
| 2017 | 335,518 | 215,862 | 119,656 | 43.8 | 47% |
| 2018 | 355,723 | 249,603 | 106,120 | 42.8 | 44% |
| 2019 | 364,474 | 254,277 | 110,197 | 47.6 | 45% |
| 2020 | 258,914 | 252,596 | 6,318 | 48.3 | 47% |
| 2021 | 301,542 | 262,619 | 38,923 | 50.2 | 48% |
| 2022 | 312,878 | 292,911 | 19,967 | 43.0 | 46% |
| 2023 | 321,416 | 291,892 | 29,524 | 43.4 | 52% |
| 2024 | 372,357 | 326,406 | 45,951 | 40.9 | 49% |
In its most recent public year (2024), this organization brought in $45,951 more than it spent. Its reserves stood at about 40.9 months of spending. Staff pay was 49% of spending. $315,212 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 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
Madison County Library Incorporated's IRS filings as a feed — one entry per filing year, through 2024. 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