King County Library System Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 826,129 | 730,668 | 95,461 | 46.0 | 0% |
| 2012 | 1,039,377 | 669,845 | 369,532 | 58.8 | 0% |
| 2013 | 1,087,713 | 908,490 | 179,223 | 46.9 | 0% |
| 2014 | 1,011,193 | 1,038,392 | −27,199 | 39.7 | 0% |
| 2015 | 1,317,066 | 1,374,503 | −57,437 | 28.9 | 0% |
| 2016 | 1,383,937 | 1,557,181 | −173,244 | 25.0 | 0% |
| 2017 | 1,288,690 | 1,434,129 | −145,439 | 28.2 | 0% |
| 2018 | 8,026,591 | 4,354,267 | 3,672,324 | 18.4 | 0% |
| 2019 | 1,711,918 | 2,053,784 | −341,866 | 39.1 | 0% |
| 2020 | 1,758,374 | 913,554 | 844,820 | 113.3 | 0% |
| 2021 | 2,076,061 | 1,225,336 | 850,725 | 100.7 | 0% |
| 2022 | 2,604,351 | 1,800,909 | 803,442 | 64.6 | 0% |
| 2023 | 2,877,541 | 2,027,680 | 849,861 | 66.5 | 0% |
In its most recent public year (2023), this organization brought in $849,861 more than it spent. Its reserves stood at about 66.5 months of spending, up from 46 in 2011. Staff pay was 0% of spending. $2,792,268 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
King County Library System 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