Library Foundation Inc Serving The People Of Multnomah County
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 2,628,302 | 2,332,735 | 295,567 | 84.2 | 17% |
| 2013 | 1,908,873 | 2,195,632 | −286,759 | 94.1 | 18% |
| 2014 | 2,724,834 | 2,284,130 | 440,704 | 96.0 | 19% |
| 2015 | 3,795,549 | 2,831,352 | 964,197 | 79.0 | 15% |
| 2016 | 2,768,371 | 2,374,686 | 393,685 | 90.3 | 16% |
| 2017 | 2,173,382 | 2,569,779 | −396,397 | 88.4 | 17% |
| 2018 | 2,671,712 | 2,530,889 | 140,823 | 94.2 | 19% |
| 2019 | 2,723,565 | 2,658,721 | 64,844 | 90.5 | 20% |
| 2020 | 2,350,528 | 2,420,034 | −69,506 | 97.3 | 21% |
| 2021 | 4,510,589 | 2,397,782 | 2,112,807 | 121.5 | 20% |
| 2022 | 3,134,177 | 2,534,244 | 599,933 | 104.1 | 22% |
| 2023 | 4,774,861 | 2,489,118 | 2,285,743 | 123.1 | 23% |
| 2024 | 2,966,805 | 3,828,557 | −861,752 | 82.7 | 17% |
In its most recent public year (2024), this organization spent $861,752 more than it brought in. Its reserves stood at about 82.7 months of spending, down from 84.2 in 2012. Staff pay was 17% of spending. $12,668,150 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 2024. 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
Library Foundation Inc Serving The People Of Multnomah County's IRS filings as a feed — one entry per filing year, through 2024. 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