Hopkinton Public Library Foundation Of Hopkinton Nh

Organization Overview

Hopkinton Public Library Foundation Of Hopkinton Nh is located in Contoocook, NH. The organization was established in 1988. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hopkinton Public Library Foundation Of Hopkinton NH is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Hopkinton Public Library Foundation Of Hopkinton NH generated $61.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $30.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE HOPKINTON LIBRARY FOUNDATION IS A NON-PROFIT ORGANIZATION THAT WAS FORMED TO HELP FURTHER AND IMPROVE THE PUBLIC LIBRARY IN OUR TOWN. BECAUSE OF MANY GENEROUS GIFTS, MEMORIAL CONTRIBUTIONS AND BEQUESTS OVER THE YEARS, THE FOUNDATION PROVIDED FUNDING FOR SEVERAL LIBRARY STUDIES, ARCHITECTURAL PLANS AND PUBLICITY FOR THE BUILDING PROJECT THAT PRODUCED THE LIBRARY WE ARE PROUD TO HAVE TODAY. THE FOUNDATION CONTINUES TO ENHANCE THE LIBRARY AND THE COMMUNITY BY FUNDING ADULT AND CHILDREN'S PROGRAMS, CONTRIBUTING TO THE FICTION, NONFICTION, AUDIO AND VIDEO COLLECTIONS AND CONTRIBUTING TO THE LIBRARY'S TECHNOLOGY UPGRADES. IT FUNDS THE LIBRARY NEWSLETTER AND PARTIALLY UNDERWRITES THE HOPKINTON READS PROGRAM. INCOME FROM THE FOUNDATION'S INVESTMENTS ARE USED TO PROVIDE THESE BENEFITS TO THE LIBRARY BEYOND THE NORMAL OPERATING BUDGET.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORTING THE HOPKINTON PUBLIC LIBRARY BY FUNDING RESOURCES, TECHNOLOGY, EDUCATIONAL AND SPECIAL PROJECTS, AND LONG TERM IMPROVEMENTS TO THE LIBRARY.


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Board, Officers & Key Employees

Name (title)Compensation
Anne Chehade
Director
$0
Janet Devito
Secretary
$0
Charles Mathews
Director
$0
Amy Stone
Trustee Liai
$0
Laura E Tobin
Past-Treasur
$0
Emily Assunta White
Chairperson
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$5,015
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,015
Total Program Service Revenue$0
Investment income $12,940
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $43,984
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $61,939

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