South Dakota Library Association
- Assets
- $162.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sioux Falls, SD
- Founding
- 04/1984
- Data as of
- 12/2021
- EIN
- 23-7038623
Organization Overview
South Dakota Library Association is located in Sioux Falls, SD. The organization was established in 1984. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Dakota Library Association 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, South Dakota Library Association generated $39.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $32.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Thompson Bookmarks Ed | 5 | $3,900 | |
Shari Theroux President | 0 | $0 | |
Jamie Formanek Vice Preside | 0 | $0 | |
Danielle DE Jager-Loftus Board Member | 0 | $0 | |
Sean Minkel Board Member | 0 | $0 | |
Krista Ohrtman Executive Se | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,230 |
| Total Program Service Revenue | $13,275 |
| Membership dues | $0 |
| Investment income | $8,253 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $192 |
| Total Revenue | $38,950 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $20,025 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $25 |
| Other expenses | $12,255 |
| Total expenses | $32,305 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,568 |
| Other assets | $0 |
| Total assets | $162,915 |
| Total liabilities | $0 |
| Net assets or fund balances | $162,915 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that South Dakota Library Association has recieved totaling $8,160.
| Awarding Organization | Amount |
|---|---|
South Dakota Community Foundation Pierre, SD PURPOSE: Community welfare and betterment | $8,100 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $60 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southeastern Libraries Cooperating Rochester, MN | $3,251,693 | $3,092,021 |
Aberdeen Library Foundation Aberdeen, SD | $501,428 | $37,595 |
Laramie County Library Foundation Inc Cheyenne, WY | $2,524,309 | $669,775 |
Albany County Public Library Foundation Laramie, WY | $2,550,288 | $353,735 |
Central Plains Library System Hastings, NE | $112,400 | $0 |
Southeast Library System Sels Rochester, MN | $116,730 | $0 |
Perry Public Library Foundation Inc Perry, IA | $970,636 | $18,855 |
Bigfork Development Company Bigfork, MT | $680,437 | $166,280 |
Friends Of The Burlington Public Library Foundation Burlington, IA | $6,195,791 | $439,298 |
Western Library System Scottsbluff, NE | $166,833 | $0 |
Quatrefoil Library Minneapolis, MN | $703,417 | $108,955 |
Beatrice Public Library Fdn Inc Beatrice, NE | $2,051,690 | $96,617 |