Friends Of The Gates Mills Public Library
- Assets
- $409.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gates Mills, OH
- Founding
- 08/1974
- Data as of
- 06/2023
- EIN
- 23-7336267
Organization Overview
Friends Of The Gates Mills Public Library is located in Gates Mills, OH. The organization was established in 1974. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Friends Of The Gates Mills 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 06/2023, Friends Of The Gates Mills Public Library generated $17.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $9.6k during the year ending 06/2023. 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
FY 2023 ACHIEVEMENTS: -FUNDING PROGRAMS FOR THE LIBRARY: TEEN YOGA, CIRCUITS INSTRUCTION AND KITS, HEXBUGS ROBOTS, HIP HOP PROGRAM, MAGICIAN RICK SMITH, STORYTIME, MOON JOURNALING, TAKE HOME CRAFT KITS. -ONGOING LIBRARY BOOK SALES. -ANNUAL DINNER FEATURING A PRESENTATION BY NOTABLE LOCAL AUTHOR. -ART OPENINGS IN THE LIBRARY CONFERENCE ROOM FEATURING LOCAL ARTISTS. -LIBRARIAN CHRISTMAS GIFTS. -CHRISTMAS COCOA KITS DISTRIBUTED TO PATRONS AT THE LIBRARY. -REPRESENTATION IN THE GATES MILLS 4TH JULY PARADE WITH BICYCLE DECORATING FOR THE CHILDREN. -TWO SCHOLARSHIPS 1,000 APIECE TO GRADUATING HIGH SCHOOL SENIORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Galloway President | 10 | $0 | |
Lisa Reid Vice Preside | 0.5 | $0 | |
Susan Daugherty Secretary | 3 | $0 | |
Kim Brustoski Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,499 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8,175 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,430 |
| Other Revenue | $0 |
| Total Revenue | $17,104 |
| 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 | $550 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $290 |
| Other expenses | $5,689 |
| Total expenses | $9,629 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $409,048 |
| Other assets | $0 |
| Total assets | $409,048 |
| Total liabilities | $0 |
| Net assets or fund balances | $409,048 |