Friends Of The Topsfield Library Inc
- Assets
- $35.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Topsfield, MA
- Founding
- 05/1987
- Data as of
- 04/2022
- EIN
- 04-2721561
Organization Overview
Friends Of The Topsfield Library Inc is located in Topsfield, MA. The organization was established in 1987. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Topsfield Library Inc 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 04/2022, Friends Of The Topsfield Library Inc generated $9.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $9.4k during the year ending 04/2022. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
CHILDREN, YOUTH AND ADULT PROGRAMS WITHIN THETOPSFIELD LIBRARY AND SUPPORT TO THE LIBRARY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane Michalek Director | 1 | $0 | |
Katherine Walsh Director | 1 | $0 | |
Suzie Ryder Secretary | 8 | $0 | |
Kathleen Bligh Yoh Director | 1 | $0 | |
Susan Grant President | 8 | $0 | |
Susan Read Treasurer | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,567 |
| Total Program Service Revenue | $2,884 |
| Membership dues | $4,338 |
| Investment income | $145 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,934 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,775 |
| Total expenses | $9,375 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,954 |
| Other assets | $0 |
| Total assets | $34,954 |
| Total liabilities | $0 |
| Net assets or fund balances | $34,954 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of The Topsfield Library Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Institution For Savings In Newbrypt & Its Vcnty Chrtble Foundation Inc Newburyport, MA PURPOSE: EXEMPT PURPOSE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Great Neck Library Great Neck, NY | $34,961,861 | $11,637,861 |
Westport Library Assoc Westport, CT | $27,522,269 | $7,094,016 |
Oceanside Library Oceanside, NY | $46,476,817 | $6,978,242 |
Darien Library Inc Darien, CT | $29,008,924 | $5,931,772 |
Connetquot Public Library Bohemia, NY | $10,940,573 | $6,656,257 |
Crandall Library Glens Falls, NY | $18,989,283 | $4,650,669 |
Bryant Library Roslyn, NY | $10,311,911 | $5,190,176 |
Port Jefferson Free Library Port Jefferson, NY | $14,577,531 | $4,685,963 |
Riverhead Free Library Riverhead, NY | $9,623,554 | $4,087,006 |
Wilton Library Association Incorporated Wilton, CT | $11,356,788 | $3,701,367 |
Wallingford Public Library Assoc Wallingford, CT | $3,324,792 | $3,497,111 |
Farmington Village Green And Library Assoc Farmington, CT | $13,374,438 | $3,538,139 |