Brainerd Memorial Library Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 418,633 | 377,252 | 41,381 | 59.0 | 57% |
| 2013 | 460,307 | 398,484 | 61,823 | 57.7 | 58% |
| 2014 | 503,445 | 423,513 | 79,932 | 59.8 | 58% |
| 2015 | 422,016 | 396,500 | 25,516 | 62.3 | 57% |
| 2016 | 428,418 | 365,006 | 63,412 | 76.0 | 55% |
| 2017 | 579,354 | 414,781 | 164,573 | 68.1 | 56% |
| 2018 | 1,040,047 | 424,328 | 615,719 | 68.5 | 57% |
| 2019 | 432,557 | 447,264 | −14,707 | 65.7 | 56% |
| 2020 | 639,685 | 433,419 | 206,266 | 68.6 | 59% |
| 2021 | 860,250 | 439,144 | 421,106 | 75.1 | 58% |
| 2022 | 573,675 | 511,158 | 62,517 | 56.5 | 57% |
| 2023 | 504,052 | 533,644 | −29,592 | 56.4 | 58% |
In its most recent public year (2023), this organization spent $29,592 more than it brought in. Its reserves stood at about 56.4 months of spending, down from 59 in 2012. Staff pay was 58% 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
Brainerd Memorial Library Association 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