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Statement of Activities
For the year ended June 30, 2021 (with comparative totals for the year ended June 30, 2020)
The COVID-19 pandemic necessitated a closing of the Redwood Library & Athenaeum from March 15, 2020 to July 31, 2020. This closure impacted not only the in-person services we provide to our members and patrons, but also our staffing and budget. We were able to pivot to online services and virtual programming, but were forced to cut staff and radically trim our budget owing to the loss of revenue-generating events.
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Financial affairs are overseen by two Board Committees: Finance and Audit. This report contains information from the Consolidated Balance Sheet and Statement of Activities of the Redwood Library & Athenæum for the fiscal year ending June 30, 2020, as audited and determined to be fairly presented by Mullen Scorpio Cerilli, an independent accounting firm. Complete financial statements are available for review at the Redwood Circulation Desk.
