Glendale Library Arts & Culture Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 49,768 | 47,178 | 2,590 | 17.7 | 0% |
| 2013 | 53,136 | 39,731 | 13,405 | 25.0 | 0% |
| 2014 | 59,982 | 59,885 | 97 | 16.6 | 0% |
| 2015 | 52,531 | 51,092 | 1,439 | 19.8 | 0% |
| 2016 | 63,090 | 60,659 | 2,431 | 17.2 | 0% |
| 2017 | 52,524 | 57,098 | −4,574 | 17.3 | 0% |
| 2018 | 47,499 | 50,835 | −3,336 | 18.6 | 0% |
| 2019 | 40,195 | 39,494 | 701 | 24.2 | 0% |
| 2020 | 7,742 | 1,257 | 6,485 | 3154.9 | 0% |
| 2021 | 349,513 | 97,005 | 252,508 | 157.8 | 0% |
| 2022 | 159,095 | 247,765 | −88,670 | 58.5 | 37% |
| 2023 | 333,842 | 191,443 | 142,399 | 84.6 | 68% |
In its most recent public year (2023), this organization brought in $142,399 more than it spent. Its reserves stood at about 84.6 months of spending, up from 17.7 in 2012. Staff pay was 68% 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
Glendale Library Arts & Culture Trust'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