Barrington Public Library Corp
- Assets
- $876.6k
- Revenue
- $79.5k
- Investments
- $828.1k
- Employees
- 0
- Location
- Barrington, RI
- Founding
- 10/1983
- Data as of
- 12/2022
- EIN
- 05-6012516
Organization Overview
Barrington Public Library Corp is located in Barrington, RI. The organization was established in 1983. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Barrington Public Library Corp 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, Barrington Public Library Corp generated $79.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (25.5%) each year. All expenses for the organization totaled $73.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES ASSISTANCE TO THE BARRINGTON PUBLIC LIBRARY BY PROVIDING FINANCIAL AIDS FROM VARIOUS SOURCES. IN DOING SO, THE LIBRARY IS ABLE TO BROADEN AND ENHANCE THE SERVICES IT OFFERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES MEMBERSHIP IN THE RHODE ISLAND ASSOCIATION AND ASSISTANCE TO THE BARRINGTON PUBLIC LIBRARY IN THE FORM OF BOOKS, MATERIALS, SERVICES, AND THEATRICAL PERFORMANCES FOR BOTH ADULTS AND CHILDREN.
PROVIDES MEMBERSHIP IN THE RHODE ISLAND LIBRARY ASSOCIATION AND ASSISTANCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vincent Wicker President | Officer | $0 | |
Cynthia Kaplan Vice Preside | Officer | $0 | |
Fran Rasmussen Secretary | Officer | $0 | |
Laura Laurence Trustee | Trustee | $0 | |
Esme Devault Trustee | Trustee | $0 | |
Jordan Jancosek Trustee | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $61,041 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,759 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,800 |
| Total Program Service Revenue | $0 |
| Investment income | $20,428 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$18,705 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $79,523 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,288 |
| Fees for services: Other | $538 |
| Advertising and promotion | $0 |
| Office expenses | $9,771 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,760 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $73,711 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,501 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $828,085 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $876,586 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $719,007 |
| Net assets with donor restrictions | $157,579 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $876,586 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Barrington Public Library Corp has recieved totaling $3,455.
| Awarding Organization | Amount |
|---|---|
The Charlesmead Foundation Inc Providence, RI PURPOSE: TRUSTEE DESIGNATION | $2,250 |
Organization Name not Listed PURPOSE: LITERACY | | $1,000 |
Scone Foundation Copake, NY PURPOSE: TO FURTHER THE FOUNDATIONS CHARITABLE MISSION OF THE ARTS, EDUCATION, AND HELPING THOSE IN NEED. | $150 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $50 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Westport Library Assoc Westport, CT | $27,522,269 | $7,094,016 |
Darien Library Inc Darien, CT | $29,008,924 | $5,931,772 |
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 |
Ridgefield Library Association Inc Ridgefield, CT | $24,615,900 | $3,459,736 |
Memorial & Library Association Westerly, RI | $38,501,613 | $3,083,300 |
Newport Public Library Newport, RI | $5,561,089 | $2,744,004 |
Trustees Of The Forbes Library Northampton, MA | $10,232,224 | $2,847,127 |
North Of Boston Library Exchange Inc Danvers, MA | $2,577,569 | $2,501,521 |
Gloucester Lyceum And Sawyer Free Library Gloucester, MA | $8,720,959 | $2,330,297 |
Perrot Memorial Library Association Of Old Greenwich Incorporated Old Greenwich, CT | $7,567,258 | $1,949,573 |