Greensboro Free Library

Organization Overview

Greensboro Free Library is located in Greensboro, VT. The organization was established in 1994. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 12/2021, Greensboro Free Library employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greensboro Free Library 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 12/2021, Greensboro Free Library generated $169.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $127.8k during the year ending 12/2021. While expenses have increased by 3.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

WE ARE A FREE LIBRARY SERVING GREENSBORO AND STANNARD, SMALL RURAL COMMUNITIES IN NORTHERN VERMONT. WE MAKE PRINT BOOKS, PERIODICALS, AUDIO BOOKS, MUSIC, AND VIDEOS AVAILABLE ON LOAN OR FOR USE AT THE LIBRARY. AS A COMMUNITY CENTER, THE LIBRARY OFFERS COMPUTERS, INTERNET ACCESS, AND MEETING SPACE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE LIBRARY MAKES PRINT BOOKS, PERIODICALS, AUDIO BOOKS, MUSIC, AND VIDEOS AVAILABLE TO PATRONS FOR USE AT THE LIBRARY OR ON LOAN. PATRONS MAY ALSO ACCESS LIBRARY RESOURCES, SUCH AS VIDEO STREAMING SERVICES, AT HOME. ** THE LIBRARY OFFERS INTERNET ACCESS AND COMPUTERS FOR PATRONS TO USE AT THE LIBRARY OR, IN CERTAIN CASES, AT HOME. ** THE LIBRARY OFFERS PROGRAMS FOR CHILDREN AND ADULTS, INCLUDING STORY HOURS, CRAFT WORKSHOPS, MAKERSPACE, AND BOOK DISCUSSIONS. IN 2021, BECAUSE OF PANDEMIC RESTRICTIONS, THE LIBRARY ALSO PROVIDED KITS FOR PATRONS TO ENJOY AT HOME. ** SEE SCHEDULE O FOR ADDITIONAL INFORMATION


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Board, Officers & Key Employees

Name (title)Compensation
Paula Davidson
Library Director
$29,472
Virginia Lapierre
Vice-Chair
$0
Rebecca Arnold
Chair
$0
Carol Reynolds
Secretary
$0
Jennifer Lucas
Treasurer
$0
Anthony Acheson
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $25,375
All other contributions, gifts, grants, and similar amounts not included above$97,752
Noncash contributions included in lines 1a–1f $9,954
Total Revenue from Contributions, Gifts, Grants & Similar$123,127
Total Program Service Revenue$0
Investment income $10,434
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $33,025
Net Income from Fundraising Events $469
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $2,155
Miscellaneous Revenue$0
Total Revenue $169,210

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Greensboro Free Library has recieved totaling $6,752.

Awarding OrganizationAmount
Turrell Fund

Montclair, NJ

PURPOSE: PROGRAM SUPPORT

$4,500
The Wisdom Connection Inc

Greensboro, VT

PURPOSE: GRATITUDE PROJECT

$2,071
Bruce E And Lynn D Holbein Charitable Foundation

Pittsboro, NC

PURPOSE: UNRESTRICTED

$100
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$81
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$385,535
Earnings$46,288
Net Contributions$2,000
Other Expense$2,000
Ending Balance$431,823

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