Blossburg Memorial Library is located in Mansfield, PA. The organization was established in 1977. As of 12/2023, Blossburg Memorial Library employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blossburg Memorial 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 12/2023, Blossburg Memorial Library generated $143.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $143.4k during the year ending 12/2023. While expenses have increased by 3.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE BLOSSBURG MEMORIAL LIBRARY IS TO PROVIDE A FREE LIBRARY SERVICE TO AND FOR THE GENERAL PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF THE BLOSSBURG MEMORIAL LIBRARY IS TO PROVIDE A FREE LIBRARY SERVICE TO AND FOR THE GENERAL PUBLIC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Elisabeth D Miranda Director | Trustee | 40 | $49,405 |
Annie Brooks Member | Trustee | 1 | $0 |
Roger Bunn Treasurer | Trustee | 1 | $0 |
John Eckman Member | Trustee | 1 | $0 |
Uni Hicks-Lee Member | Trustee | 1 | $0 |
Kate Phinney Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $58,557 |
All other contributions, gifts, grants, and similar amounts not included above | $30,186 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $88,743 |
Total Program Service Revenue | $11,808 |
Investment income | $41,623 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $1,760 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $143,934 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $49,405 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $13,888 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $1,165 |
Payroll taxes | $4,941 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,350 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $6,048 |
Fees for services: Other | $2,400 |
Advertising and promotion | $0 |
Office expenses | $2,895 |
Information technology | $2,125 |
Royalties | $0 |
Occupancy | $25,927 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $377 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $14,549 |
Insurance | $3,685 |
All other expenses | $0 |
Total functional expenses | $143,394 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $92,768 |
Savings and temporary cash investments | $4,891 |
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 | $76,388 |
Investments—publicly traded securities | $1,210,614 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,384,661 |
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 | $2,497 |
Total liabilities | $2,497 |
Net assets without donor restrictions | $1,374,114 |
Net assets with donor restrictions | $8,050 |
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 | $1,384,661 |