Richmond Memorial Library Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 393,672 | 415,931 | −22,259 | 10.9 | 47% |
| 2012 | 370,100 | 362,372 | 7,728 | 12.7 | 54% |
| 2013 | 365,250 | 360,706 | 4,544 | 12.9 | 57% |
| 2014 | 387,344 | 369,001 | 18,343 | 13.2 | 56% |
| 2015 | 368,550 | 364,906 | 3,644 | 13.5 | 56% |
| 2016 | 372,420 | 366,945 | 5,475 | 13.6 | 25% |
| 2017 | 408,728 | 392,732 | 15,996 | 13.2 | 23% |
| 2018 | 398,831 | 381,935 | 16,896 | 14.1 | 24% |
| 2019 | 399,190 | 378,431 | 20,759 | 15.0 | 25% |
| 2020 | 386,965 | 401,407 | −14,442 | 13.9 | 58% |
| 2021 | 369,261 | 349,166 | 20,095 | 18.3 | 60% |
| 2022 | 407,500 | 388,960 | 18,540 | 16.0 | 55% |
| 2023 | 453,159 | 464,238 | −11,079 | 13.6 | 58% |
In its most recent public year (2023), this organization spent $11,079 more than it brought in. Its reserves stood at about 13.6 months of spending, up from 10.9 in 2011. Staff pay was 58% of spending. $5,112 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
Richmond 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