Friends Of The Lancaster Town Library
- Assets
- $118.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lancaster, MA
- Founding
- 02/2010
- Data as of
- 06/2024
- EIN
- 04-3295887
Organization Overview
Friends Of The Lancaster Town Library is located in Lancaster, MA. The organization was established in 2010. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Lancaster Town 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 06/2024, Friends Of The Lancaster Town Library generated $35.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $28.7k during the year ending 06/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
ADDED BOOKS AND ELECTRONIC MATERIAL TO THE COLLECTION, SUPPLIED MUSEUM PASSES TO PATRONS, PAID FOR LIBRARY PROGRAMS OPEN TO THE PUBLIC AND AVAILABLE TO THE CWMARS NETWORK, PAID FOR LIBRARY FURNITURE RE-UPHOLSTRY, SPONSORED SUMMER MUSIC SERIES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Carlson Chair | 4 | $0 | |
Kathleen Suits Secretary | 1 | $0 | |
Judy Elwell Vice Chair | 1 | $0 | |
Irene Roper Treasurer | 1 | $0 | |
Susan Munyon Book Sale Chair | 4 | $0 | |
Suzanne Turcott Membership Chair | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,685 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $39 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $34,968 |
| 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 | $630 |
| Other expenses | $3,108 |
| Total expenses | $28,738 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $104,913 |
| Other assets | $0 |
| Total assets | $118,913 |
| Total liabilities | $0 |
| Net assets or fund balances | $118,913 |