Friends Of The Madison Public Library
- Assets
- $188.2k
- Revenue
- $98.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, NJ
- Founding
- 04/1956
- Data as of
- 12/2021
- EIN
- 22-6094180
Organization Overview
Friends Of The Madison Public Library is located in Madison, NJ. The organization was established in 1956. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Madison 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 Madison Public Library generated $98.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $57.7k during the year ending 12/2021. 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 FRIENDS OF THE MADISON PUBLIC LIBRARY EXIST ONLY TO COLLECT FUNDS FOR THE MADISON PUBLIC LIBRARY'S USE. THE MADISON PUBLIC LIBRARY IS A TAX- EXEMPT GOVERNMENT UNIT. FUNDS ARE USED TO SUPPORT AND ENHANCE THE LIBRARY'S PROGRAMS, SERVICES AND FACILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FRIENDS OF THE MADISON PUBLIC LIBRARY COLLECT FUNDS SOLELY FOR THE MADISON PUBLIC LIBRARY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pamela Hogan Chair | Officer | 5 | $0 |
Marsha Gepford Recording Se | Officer | 5 | $0 |
Adrienne Novak Co-Correspon | Officer | 5 | $0 |
Linda Holm Treasurer | Officer | 5 | $0 |
Jen Bauman Co-Correspon | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $68,584 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,584 |
| Total Program Service Revenue | $0 |
| Investment income | $240 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $29,948 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $98,772 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $47,260 |
| 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 | $600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $37 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,741 |
| All other expenses | $0 |
| Total functional expenses | $57,741 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,673 |
| Savings and temporary cash investments | $139,483 |
| 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 | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $188,156 |
| 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 | $188,156 |
| Net assets with donor restrictions | $0 |
| 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 | $188,156 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Friends Of The Madison Public Library has recieved totaling $1,278.
| Awarding Organization | Amount |
|---|---|
Charles L Read Foundation Bayshore, NY PURPOSE: PURCHASE OF CAPITAL ITEMS | $1,000 |
First Eagle Investment Management Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $200 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $50 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $28 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Great Neck Library Great Neck, NY | $34,961,861 | $11,637,861 |
Oceanside Library Oceanside, NY | $46,476,817 | $6,978,242 |
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 |
Bergen County Cooperative Library System Inc Fair Lawn, NJ | $2,010,518 | $3,727,342 |
Franklin Township Public Library Association Somerset, NJ | $10,614,091 | $3,884,927 |
South Country Library Bellport, NY | $8,624,076 | $4,821,217 |
Bethlehem Area Public Library Bethlehem, PA | $2,187,158 | $3,094,855 |
Nyack Library Nyack, NY | $12,067,573 | $3,118,005 |