Logo for "THE MERCANTILE LIBRARY ASSOCIATION OF THE CITY OF NEW YORK INC"

THE MERCANTILE LIBRARY ASSOCIATION OF THE CITY OF NEW YORK INC

THE MERCANTILE LIBRARY ASSOCIATION OF THE CITY OF NEW YORK INC

Brooklyn, NY, US
501(c)3
EIN
13-1624084
Logo for "THE MERCANTILE LIBRARY ASSOCIATION OF THE CITY OF NEW YORK INC"

THE MERCANTILE LIBRARY ASSOCIATION OF THE CITY OF NEW YORK INC

Brooklyn, NY, US
501(c)3
EIN
13-1624084

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$3,142,123

Program Services
42%
Fundraising Events
19%
Contributions
15%
Other
9%
Membership Dues
7%
Government Grants
6%
Investments
1%
Expenses in 2024

$3,086,409

Salaries & Benefits
60%
Other
21%
Fees to Service Providers
10%
Depreciation
5%
Grants
3%
Offices, Occupancy & IT
1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$316,108
$468,268
+48%
Government Grants
$338,557
$176,214
-48%
Fundraising Events
$444,549
$610,948
+37%
Program Services
$1,000,709
$1,326,301
+33%
Membership Dues
$206,881
$232,564
+12%
Investments
$37,993
$44,804
+18%
Other
$225,961
$283,024
+25%
Total Revenues
$2,570,758
$3,142,123
+22%
Expenses
2023
2024
Change
Grants
$86,855
$86,429
0%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,899,141
$1,857,608
-2%
Fees to Service Providers
$307,897
$302,829
-2%
Advertising & Promotion
$24,522
$15,136
-38%
Offices, Occupancy & IT
$38,407
$45,589
+19%
Interest
$0
$0
-
Depreciation
$142,873
$143,127
+0%
Other
$497,863
$635,691
+28%
Total Expenses
$2,997,558
$3,086,409
+3%
Net income
2023
2024
Change
Net income
-$426,800
+$55,714
-113%
Functional Expenses
Summary
2023
2024
Change
Program
$2,001,589
$2,147,371
+7%
Admin
$623,363
$570,344
-9%
Fundraising
$372,606
$368,694
-1%
Total Expenses
$2,997,558
$3,086,409
+3%
Income Statement
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