990 Scout/ Portland Public Library/ Financials

Financial Information for Portland Public Library

Portland Public Library's annual revenue was $7.5M in tax year 2024, reported on their IRS Form 990. They spent $6.4M in total expenses. 86% went to programs and services.

Financial Breakdown

What is Portland Public Library's total annual expenses?

Portland Public Library spent $6.4M in tax year 2024, according to their IRS Form 990 filing.

How much of Portland Public Library's budget goes to programs?

Portland Public Library spent $5.5M (86% of expenses) on programs and services in tax year 2024.

How much does Portland Public Library spend on overhead?

Portland Public Library's overhead in tax year 2024 includes administrative (11%) and fundraising (3%) of their expenses.

What is Portland Public Library's net worth?

Portland Public Library had net assets of $16.3M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.