Library And Information Resources Network Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,807,132 | 2,751,382 | 55,750 | 5.5 | 18% |
| 2021 | 3,169,409 | 2,881,259 | 288,150 | 6.5 | 19% |
| 2022 | 3,371,019 | 2,985,452 | 385,567 | 7.8 | 22% |
| 2023 | 3,871,449 | 3,262,679 | 608,770 | 9.4 | 19% |
In its most recent public year (2023), this organization brought in $608,770 more than it spent. Its reserves stood at about 9.4 months of spending, up from 5.5 in 2020. Staff pay was 19% of spending.
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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