The Library Of Virginia Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,369,154 | 737,064 | 632,090 | 55.5 | 32% |
| 2012 | 668,611 | 839,192 | −170,581 | 43.7 | 33% |
| 2013 | 779,905 | 824,053 | −44,148 | 45.7 | 33% |
| 2014 | 739,337 | 940,261 | −200,924 | 40.4 | 26% |
| 2015 | 648,384 | 686,771 | −38,387 | 51.6 | 31% |
| 2016 | 1,128,066 | 470,418 | 657,648 | 89.1 | 41% |
| 2017 | 501,440 | 579,156 | −77,716 | 77.0 | 36% |
| 2019 | 399,933 | 487,725 | −87,792 | 97.6 | 43% |
| 2020 | 436,887 | 527,437 | −90,550 | 88.5 | 42% |
| 2021 | 907,161 | 694,304 | 212,857 | 82.1 | 44% |
| 2022 | 2,409,606 | 745,139 | 1,664,467 | 91.2 | 41% |
| 2023 | 1,300,237 | 1,428,596 | −128,359 | 48.5 | 29% |
| 2024 | 936,653 | 1,398,252 | −461,599 | 50.7 | 25% |
In its most recent public year (2024), this organization spent $461,599 more than it brought in. Its reserves stood at about 50.7 months of spending, down from 55.5 in 2011. Staff pay was 25% of spending. $4,126,262 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
The Library Of Virginia Foundation'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