Friends Of The Milwaukee Public Library Inc
- Assets
- $105.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 06/1975
- Data as of
- 12/2021
- EIN
- 23-7417573
Organization Overview
Friends Of The Milwaukee Public Library Inc is located in Milwaukee, WI. The organization was established in 1975. 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 Milwaukee 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, Friends Of The Milwaukee Public Library Inc generated $47.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $38.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 7 years. 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
SUPPORT OF MILWAUKEE PUBLIC LIBRARY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daria Kempka Director | 1 | $0 | |
Jenna Green Azab Director | 1 | $0 | |
Meghan Engsberg Cunningham Director | 1 | $0 | |
Barbara Franczyk Past President | 1 | $0 | |
Barbara Hofstetter Director | 1 | $0 | |
Diana Pine Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,104 |
| Gain or Loss | $11,387 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $47,467 |
| 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 | $14,926 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $618 |
| Other expenses | $521 |
| Total expenses | $38,065 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $105,630 |
| Other assets | $0 |
| Total assets | $105,630 |
| Total liabilities | $1,870 |
| Net assets or fund balances | $103,760 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Friends Of The Milwaukee Public Library Inc has recieved totaling $6,033.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,656 |
Daniel W Hoan Foundation Inc Milwaukee, WI PURPOSE: GENERAL PROGRAM SUPPORT | $250 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $100 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $27 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christian Schools International Insurance Plan And Trust Fund Grandville, MI | $5,188,497 | $9,699,281 |
Saginaw Valley State University Foundation University Center, MI | $94,804,323 | $8,609,845 |
Grinnell College Medical Benefit Plan Trust Agreement Grinnell, IA | $11,174,588 | $9,791,771 |
University Of Wisconsin-Eau Claire Foundation Inc Eau Claire, WI | $103,402,476 | $22,599,486 |
Blanche Ebert Seaver Trust For Frank R Seaver College Chicago, IL | $130,613,951 | $5,090,055 |
Detroit Public Schools Foundation Detroit, MI | $5,212,797 | $6,732,219 |
William Rainey Harper College Educational Foundation Palatine, IL | $50,154,930 | $4,699,112 |
Rochelle Zell Jewish High School Deerfield, IL | $17,970,776 | $8,473,073 |
Iowa State University Research Park Corp Ames, IA | $68,199,725 | $11,124,615 |
Minnesota State University Mankato Foundation Incorporated Mankato, MN | $77,015,205 | $9,285,148 |
University Gateway Corporation Minneapolis, MN | $78,655,248 | $6,023,242 |
Charles & Ellora Alliss Educational Foundation Milwaukee, WI | $87,576,345 | $9,781,011 |