Louisville Free Public Library Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,358,739 | 2,740,926 | −382,187 | 47.3 | 7% |
| 2012 | 1,421,315 | 1,614,818 | −193,503 | 77.2 | 13% |
| 2013 | 2,935,177 | 2,857,367 | 77,810 | 47.0 | 7% |
| 2014 | 2,055,580 | 3,199,334 | −1,143,754 | 41.5 | 6% |
| 2015 | 3,200,214 | 3,257,186 | −56,972 | 39.3 | 6% |
| 2016 | 3,435,287 | 2,534,794 | 900,493 | 50.9 | 8% |
| 2017 | 1,854,981 | 3,582,104 | −1,727,123 | 32.9 | 6% |
| 2018 | 3,775,784 | 1,462,192 | 2,313,592 | 97.7 | 13% |
| 2019 | 2,579,764 | 4,675,152 | −2,095,388 | 26.6 | 5% |
| 2020 | 2,208,314 | 1,911,763 | 296,551 | 64.6 | 17% |
| 2021 | 2,234,605 | 1,301,210 | 933,395 | 119.9 | 21% |
| 2022 | 1,410,462 | 1,522,231 | −111,769 | 86.6 | 20% |
| 2023 | 2,832,146 | 1,978,950 | 853,196 | 74.2 | 19% |
In its most recent public year (2023), this organization brought in $853,196 more than it spent. Its reserves stood at about 74.2 months of spending, up from 47.3 in 2011. Staff pay was 19% of spending. $10,486,046 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
Louisville Free Public Library Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. 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