The Library Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 93,774 | 29,194 | 64,580 | 303.2 | 0% |
| 2013 | 237,936 | 29,791 | 208,145 | 380.9 | 0% |
| 2014 | 428,370 | 35,991 | 392,379 | 446.1 | 0% |
| 2015 | 770,256 | 47,082 | 723,174 | 525.4 | 0% |
| 2016 | 62,818 | 57,411 | 5,407 | 432.0 | 0% |
| 2017 | 444,944 | 64,741 | 380,203 | 453.5 | 0% |
| 2018 | 147,432 | 57,702 | 89,730 | 527.5 | 0% |
| 2019 | 167,507 | 61,826 | 105,681 | 512.8 | 0% |
| 2020 | 113,211 | 83,871 | 29,340 | 382.2 | 5% |
| 2021 | 696,655 | 74,145 | 622,510 | 533.1 | 6% |
| 2022 | 124,455 | 595,180 | −470,725 | 38.7 | 1% |
| 2023 | 296,411 | 112,619 | 183,792 | 224.2 | 5% |
In its most recent public year (2023), this organization brought in $183,792 more than it spent. Its reserves stood at about 224.2 months of spending, down from 303.2 in 2012. Staff pay was 5% 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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