LEXINGTON PUBLIC LIBRARY
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$24,720,353
Government Grants
91%
Other
5%
Investments
2%
Program Services
2%
Contributions
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$19,379,493
Salaries & Benefits
53%
Other
21%
Offices, Occupancy & IT
11%
Depreciation
10%
Interest
3%
Fees to Service Providers
2%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$50,600
$15,000
-70%
Government Grants
$21,232,662
$22,461,099
+6%
Fundraising Events
$0
$0
-
Program Services
$413,288
$417,957
+1%
Membership Dues
$0
$0
-
Investments
$415,579
$508,548
+22%
Other
$1,068,234
$1,317,749
+23%
Total Revenues
$23,180,363
$24,720,353
+7%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$9,578,296
$10,199,774
+6%
Fees to Service Providers
$180,766
$323,403
+79%
Advertising & Promotion
$160,432
$98,956
-38%
Offices, Occupancy & IT
$1,201,457
$2,200,340
+83%
Interest
$468,692
$580,410
+24%
Depreciation
$1,641,810
$1,873,855
+14%
Other
$4,275,578
$4,102,755
-4%
Total Expenses
$17,507,031
$19,379,493
+11%
Net income
2023
2024
Change
Net income
+$5,673,332
+$5,340,860
-6%
Functional Expenses
Summary
2023
2024
Change
Program
$16,130,478
$18,024,745
+12%
Admin
$1,376,553
$1,354,748
-2%
Fundraising
$0
$0
-
Total Expenses
$17,507,031
$19,379,493
+11%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)