Financial Information for Memphis Library Foundation

Memphis Library Foundation's annual revenue was $1.4M in tax year 2024, reported on their IRS Form 990. They spent $1.9M in total expenses. 73% went to programs and services.

Financial Breakdown

What is Memphis Library Foundation's total annual expenses?

Memphis Library Foundation spent $1.9M in tax year 2024, according to their IRS Form 990 filing.

How much of Memphis Library Foundation's budget goes to programs?

Memphis Library Foundation spent $1.4M (73% of expenses) on programs and services in tax year 2024.

How much does Memphis Library Foundation spend on overhead?

Memphis Library Foundation's overhead in tax year 2024 includes administrative (15%) and fundraising (13%) of their expenses.

What is Memphis Library Foundation's net worth?

Memphis Library Foundation had net assets of $12.0M 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.