Larsen Family Public Library Inc
- Assets
- $154.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Webster, WI
- Founding
- 06/2006
- Data as of
- 12/2023
- 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 12/2023, Larsen Family Public Library Inc generated $120.2k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $156.4k during the year ending 12/2023. 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
2023
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 |
|---|---|---|---|
Sherill Summer Head Librarian | 40 | $35,972 | |
Ashley Heinz Board Member | 1 | $0 | |
Diane Lund Board Member | 1 | $0 | |
Tim Maloney Board Member | 1 | $0 | |
Sue Weis Board Member | 1 | $0 | |
Kari Roppe Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $108,716 |
| Total Program Service Revenue | $4,658 |
| Membership dues | $0 |
| Investment income | $6,865 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $120,239 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $64,395 |
| Professional fees and other payments to independent contractors | $2,181 |
| Occupancy, rent, utilities, and maintenance | $10,265 |
| Printing, publications, postage, and shipping | $216 |
| Other expenses | $79,297 |
| Total expenses | $156,354 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $154,544 |
| Other assets | $0 |
| Total assets | $154,544 |
| Total liabilities | $40,898 |
| Net assets or fund balances | $113,646 |