Friends Of The Tompkins County Public Library
- Assets
- $874.1k
- Revenue
- $509.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Ithaca, NY
- Founding
- 04/1959
- Data as of
- 12/2021
- EIN
- 15-6023223
Organization Overview
Friends Of The Tompkins County Public Library is located in Ithaca, NY. The organization was established in 1959. As of 12/2021, Friends Of The Tompkins County Public Library employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Tompkins County Public 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, Friends Of The Tompkins County Public Library generated $509.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $345.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE FRIENDS OF THE TOMPKINS COUNTY PUBLIC LIBRARY IS TO SUPPORT HIGH-QUALITY LIBRARY RESOURCES FOR EVERYONE IN TOMPKINS COUNTY BY PROMOTING READING BY PLACING MORE BOOKS IN MORE HANDS, RAISING FUNDS THROUGH BOOK SALES AND OTHER ACTIVITIES, AWARDING GRANTS TO LIBRARIES AND COMMUNITY ORGANIZATIONS, ADVOCATING FOR LIBRARY FUNDING, AND ENCOURAGING VOLUNTEERISM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEMI-ANNUAL BOOK SALES TO BENEFIT TOMPKINS COUNTY PUBLIC LIBRARY, OTHER PUBLIC LIBRARIES, AND THE GENERAL PUBLIC.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Madigan Director | Trustee | 8 | $6,348 |
Don Trotter Treasurer (part Year) | OfficerTrustee | 2 | $0 |
Anne Neirynck 2nd Vice President | OfficerTrustee | 20 | $0 |
Kathy Weinberg 2nd Vice President | OfficerTrustee | 15 | $0 |
Jeffrey Janowsky Treasurer | OfficerTrustee | 2 | $0 |
Mike Costello President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $17,901 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,806 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,707 |
| Total Program Service Revenue | $478,651 |
| Investment income | $2,701 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $509,464 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $228,162 |
| Grants and other assistance to domestic individuals. | $3,290 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $6,348 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $4,491 |
| 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 | $7,205 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,820 |
| Office expenses | $16,846 |
| Information technology | $240 |
| Royalties | $0 |
| Occupancy | $26,559 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,724 |
| Insurance | $9,364 |
| All other expenses | $0 |
| Total functional expenses | $345,854 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $422,245 |
| Savings and temporary cash investments | $299,743 |
| 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 | $152,158 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $874,146 |
| 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 | $852,575 |
| Net assets with donor restrictions | $21,571 |
| 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 | $874,146 |
Grants Awarded
Over the last fiscal year, Friends Of The Tompkins County Public Library has awarded $374,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Ithaca, NY PURPOSE: UNRESTRICTED USE | $305,000 |
Ithaca, NY PURPOSE: UNRESTRICTED USE | $69,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friends Of The Tompkins County Public Library has recieved totaling $33.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $33 |
Endowment Analysis
| Beg. Balance | $141,930 |
| Earnings | $1,962 |
| Ending Balance | $143,892 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hartford Public Library Hartford, CT | $35,044,167 | $19,581,056 |
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 |
Bergen County Cooperative Library System Inc Fair Lawn, NJ | $2,010,518 | $3,727,342 |