Library Foundation Of Los Angeles
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,233,058 | 4,587,230 | −354,172 | 78.7 | 47% |
| 2012 | 4,583,608 | 4,826,093 | −242,485 | 73.2 | 52% |
| 2013 | 8,016,652 | 4,992,477 | 3,024,175 | 84.0 | 49% |
| 2014 | 6,090,158 | 5,490,043 | 600,115 | 86.7 | 52% |
| 2015 | 6,523,085 | 6,206,232 | 316,853 | 76.7 | 58% |
| 2016 | 7,527,919 | 6,430,884 | 1,097,035 | 73.6 | 59% |
| 2017 | 8,063,733 | 6,805,193 | 1,258,540 | 79.0 | 54% |
| 2018 | 7,496,388 | 7,293,096 | 203,292 | 78.1 | 57% |
| 2019 | 6,700,397 | 6,828,816 | −128,419 | 86.8 | 58% |
| 2020 | 7,745,776 | 6,434,603 | 1,311,173 | 93.4 | 59% |
| 2021 | 9,315,587 | 5,539,828 | 3,775,759 | 136.8 | 59% |
| 2022 | 7,634,238 | 7,844,414 | −210,176 | 91.3 | 36% |
| 2023 | 8,508,811 | 8,596,648 | −87,837 | 86.3 | 33% |
In its most recent public year (2023), this organization spent $87,837 more than it brought in. Its reserves stood at about 86.3 months of spending, up from 78.7 in 2011. Staff pay was 33% of spending. $36,835,712 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
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