Lake Memorial Library Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 70,065 | 58,478 | 11,587 | 351.5 | 24% |
| 2012 | 72,680 | 60,812 | 11,868 | 340.3 | 23% |
| 2013 | 80,782 | 62,104 | 18,678 | 336.8 | 24% |
| 2014 | 100,105 | 58,220 | 41,885 | 367.9 | 28% |
| 2015 | 268,049 | 73,299 | 194,750 | 324.1 | 23% |
| 2016 | 112,427 | 86,888 | 25,539 | 277.0 | 19% |
| 2017 | 135,188 | 67,837 | 67,351 | 366.7 | 26% |
| 2018 | 91,474 | 25,622 | 65,852 | 1001.6 | 69% |
| 2019 | 89,049 | 80,817 | 8,232 | 318.8 | 22% |
| 2020 | 80,080 | 72,095 | 7,985 | 358.7 | 25% |
| 2021 | 139,122 | 79,848 | 59,274 | 332.8 | 24% |
| 2022 | 121,138 | 78,348 | 42,790 | 345.7 | 25% |
| 2023 | 98,828 | 75,135 | 23,693 | 364.2 | 24% |
| 2024 | 86,722 | 71,327 | 15,395 | 386.3 | 26% |
In its most recent public year (2024), this organization brought in $15,395 more than it spent. Its reserves stood at about 386.3 months of spending, up from 351.5 in 2011. Staff pay was 26% of spending. $2,296,020 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
Lake Memorial Library Fund'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