Duluth Library Foundation
Duluth, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $337,252↓19% | $452,938↑49% | $1,914,280↓6% | — |
| 2022 | $417,028↓39% | $304,000↓11% | $2,033,164↑4% | — |
| 2021 | $685,085↑75% | $340,076↑40% | $1,948,980↑22% | — |
| 2020 | $391,571↓5% | $242,960↑13% | $1,603,086↑8% | — |
| 2019 | $410,721↑67% | $215,200↑23% | $1,482,974↑8% | — |
| 2018 | $245,292↓53% | $174,953↑25% | $1,368,783↑5% | — |
| 2017 | $517,095↑334% | $139,632↓6% | $1,298,444↑41% | — |
| 2016 | $119,141↓35% | $147,907↓7% | $920,981↓3% | — |
| 2015 | $184,328↑41% | $159,475↑68% | $949,747↑3% | — |
| 2014 | $131,026↑45% | $94,753↑8% | $924,894↑4% | — |
| 2013 | $90,293↓42% | $87,978↑11% | $888,621 | — |
| 2012 | $155,687↑88% | $79,324↑34% | $886,306↑9% | — |
| 2011 | $82,665 | $58,981 | $809,943 | — |
Frequently Asked Questions
What does Duluth Library Foundation do?▼
Duluth Library Foundation is a education nonprofit organization based in Minnesota. It is classified under NTEE code B70Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Duluth Library Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Duluth Library Foundation has a score of 66/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Duluth Library Foundation generate?▼
Duluth Library Foundation reports $619K in annual revenue and holds $2.5M in total assets, based on IRS filings.