Mountain Brook Library Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 291,886 | 187,779 | 104,107 | 195.0 | 0% |
| 2012 | 258,621 | 239,035 | 19,586 | 167.7 | 0% |
| 2013 | 406,938 | 291,346 | 115,592 | 145.3 | 0% |
| 2014 | 388,691 | 51,291 | 337,400 | 916.7 | 0% |
| 2015 | 271,706 | 148,835 | 122,871 | 302.5 | 0% |
| 2016 | 264,084 | 103,030 | 161,054 | 471.2 | 0% |
| 2017 | 795,589 | 137,114 | 658,475 | 436.6 | 0% |
| 2018 | 301,928 | 193,033 | 108,895 | 321.9 | 0% |
| 2019 | 357,985 | 137,268 | 220,717 | 467.7 | 0% |
| 2020 | 746,548 | 135,485 | 611,063 | 543.0 | 0% |
| 2021 | 494,862 | 153,089 | 341,773 | 591.5 | 0% |
| 2022 | 342,173 | 193,130 | 149,043 | 396.2 | 0% |
| 2023 | 334,047 | 182,323 | 151,724 | 479.4 | 0% |
In its most recent public year (2023), this organization brought in $151,724 more than it spent. Its reserves stood at about 479.4 months of spending, up from 195 in 2011. Staff pay was 0% of spending. $3,338,983 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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