Arlington Heights Memorial Library Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 141,707 | 35,398 | 106,309 | 48.8 | — |
| 2021 | 191,640 | 263,243 | −71,603 | 3.5 | — |
| 2022 | 77,070 | 56,950 | 20,120 | 20.2 | — |
| 2023 | 96,140 | 77,440 | 18,700 | 17.8 | — |
In its most recent public year (2023), this organization brought in $18,700 more than it spent. Its reserves stood at about 17.8 months of spending, down from 48.8 in 2020.
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
Arlington Heights Memorial Library Foundation'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