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 | $337,252โ19% | $452,938โ49% | $1,914,280โ6% | โ |
| 2022 | $417,028โ39% | $304,000โ11% | $2,033,164โ4% | โ |
| 2021 | $685,085โ75% | $340,076โ40% | $1,948,980โ22% | โ |
| 2020 | $391,571โ5% | $242,960โ13% | $1,603,086โ8% | โ |
| 2019 | $410,721โ67% | $215,200โ23% | $1,482,974โ8% | โ |
| 2018 | $245,292โ53% | $174,953โ25% | $1,368,783โ5% | โ |
| 2017 | $517,095โ334% | $139,632โ6% | $1,298,444โ41% | โ |
| 2016 | $119,141โ35% | $147,907โ7% | $920,981โ3% | โ |
| 2015 | $184,328โ41% | $159,475โ68% | $949,747โ3% | โ |
| 2014 | $131,026โ45% | $94,753โ8% | $924,894โ4% | โ |
| 2013 | $90,293โ42% | $87,978โ11% | $888,621 | โ |
| 2012 | $155,687โ88% | $79,324โ34% | $886,306โ9% | โ |
| 2011 | $82,665 | $58,981 | $809,943 | โ |
Frequently Asked Questions
What does Duluth Library Foundation do?โผ
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?โผ
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?โผ
Duluth Library Foundation reports $672K in annual revenue and holds $2.9M in total assets, based on IRS filings.