CITY COUNCIL LIBRARY STUDY COMMITTEE
SPRINGFIELD LIBRARY AND MUSEUMS ASSOCIATION

Excess of Revenues Over Expenses In The Last Seven Years

Source: IRS Form 990

Fiscal Year

Total

Revenue

Total Expns

incl Depr

Depreciat-

ion

Excess for

the year

Net Assets at Year End

Ending 6/30/96

10,789,020

9,611,834

893,099

1,177,186

18,176,257

 

Ending 6/30/97

14,754,305

9,928,202

845,849

4,826,103

23,441,967

 

Ending 6/30/98

14,776,429

11,125,405

1,040,546

3,651,024

49,046,698

 

Ending 6/30/99

13,373,800

12,069,239

1,087,369

1,304,561

52,127,140

 

 

Ending 6/30/00

19,136,061

12,373,507

1,278,416

5,762,554

57,561,275

 

Ending 6/30/01

13,759,045

13,390,222

1,486,029

368,823

62,646,273

Ending 6/30/02

15,009,804

14,009,754

1,894,798

1,000,050

5,7123,545
Total     8,526,106 18,090,301  

Increase in Net Assets in 7 Years ……………………………………..................……..38,947,288 

 
(1)           Form 990 is Return of Organization Exempt From Income Tax

(2)           Value of all art collections = $1.00