Larsen Family Public Library Inc
- Assets
- $116.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Webster, WI
- Founding
- 06/2006
- Data as of
- 12/2021
- EIN
- 20-4981366
Organization Overview
Larsen Family Public Library Inc is located in Webster, WI. The organization was established in 2006. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Larsen Family Public 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 12/2021, Larsen Family Public Library Inc generated $193.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $148.6k during the year ending 12/2021. While expenses have increased by 2.0% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE THE PUBLIC WITH MATERIALS AND SERVICES WHICH FULFILL EDUCATIONAL, INFORMATIONAL, CULTURAL, AND RECREATIONAL NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Meyer Head Librarian | 40 | $31,700 | |
Emmett Byrne Vice President | 1 | $0 | |
Laura Rachford President | 1 | $0 | |
Kari Roppe Secretary | 1 | $0 | |
Liz Simonsen Treasurer | 1 | $0 | |
Sherill Summer Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $189,389 |
| Total Program Service Revenue | $3,768 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $193,158 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $61,536 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $11,112 |
| Printing, publications, postage, and shipping | $756 |
| Other expenses | $75,238 |
| Total expenses | $148,642 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $116,444 |
| Other assets | $0 |
| Total assets | $116,444 |
| Total liabilities | $48,780 |
| Net assets or fund balances | $67,664 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Larsen Family Public Library Inc has recieved totaling $9,084.
| Awarding Organization | Amount |
|---|---|
Otto Bremer Trust St Paul, MN PURPOSE: GENERAL OPERATIONS | $7,017 |
Soener Foundation Omaha, NE PURPOSE: CHARITABLE | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $67 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ann Arbor District Library Ann Arbor, MI | $42,776,591 | $18,573,402 |
Tenant Resource Center Inc Madison, WI | $4,020,377 | $17,889,286 |
Newberry Library Chicago, IL | $102,026,436 | $14,465,930 |
Community Resource Center Inc Centralia, IL | $6,773,469 | $4,197,743 |
Arrowhead Library System Mountain Iron, MN | $7,916,564 | $3,392,560 |
Society Of Ameican Archivists Chicago, IL | $2,453,867 | $2,207,330 |
Little Free Library Ltd St Paul, MN | $2,366,645 | $3,222,101 |
The Charlemagne Institute Bloomington, MN | $4,134,253 | $802,178 |
Traverse Des Sioux Library System Mankato, MN | $2,660,505 | $1,793,930 |
Cass District Library Cassopolis, MI | $2,228,368 | $1,419,366 |
Hoover Presidential Foundation West Branch, IA | $16,155,016 | $4,574,597 |
Mary T And James J Hill Library Foundation St Paul, MN | $19,858,073 | $1,320,140 |