Friends Of The Wellesley Free Libraries Inc
- Assets
- $177.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wellesley, MA
- Founding
- 02/1982
- Data as of
- 05/2022
- EIN
- 04-2749814
Organization Overview
Friends Of The Wellesley Free Libraries Inc is located in Wellesley, MA. The organization was established in 1982. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Wellesley Free Libraries 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 05/2022, Friends Of The Wellesley Free Libraries Inc generated $56.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $49.4k during the year ending 05/2022. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Bannon Director | 1 | $0 | |
Lauren Dunleavy Director | 1 | $0 | |
Nancy Gonder Vice Preside | 1 | $0 | |
Karen Griswold Director | 1 | $0 | |
Lucy Kapples Director | 1 | $0 | |
Caren Parker Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,629 |
| Total Program Service Revenue | $21,631 |
| Membership dues | $0 |
| Investment income | $144 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $56,404 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $24 |
| Other expenses | $16,883 |
| Total expenses | $49,449 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $176,962 |
| Other assets | $0 |
| Total assets | $176,962 |
| Total liabilities | $0 |
| Net assets or fund balances | $176,962 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Friends Of The Wellesley Free Libraries Inc has recieved totaling $750.
| Awarding Organization | Amount |
|---|---|
Becton Family Foundation Tr Homosassa, FL PURPOSE: CONTRIBUTION TO THE GENERAL FUND | $500 |
Kahn Family Charitable Foundation Wellesley, MA PURPOSE: PROGRAM SUPPORT | $250 |
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 |