Meadville Public Library Inc
- Assets
- $6.1m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 19
- Location
- Meadville, PA
- Founding
- 11/2001
- Data as of
- 12/2021
- EIN
- 25-0990592
Organization Overview
Meadville Public Library Inc is located in Meadville, PA. The organization was established in 2001. As of 12/2021, Meadville Public Library Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meadville 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, Meadville Public Library Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $769.7k 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
SERVES AS A PUBLIC LIBRARY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC LIBRARY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Brice Former Direc | Officer | 40 | $77,047 |
Christine Bailey Vice Preside | OfficerTrustee | 1 | $0 |
Ross A Lockwood Treasurer | OfficerTrustee | 1 | $0 |
Teresa I Roland President | OfficerTrustee | 1 | $0 |
Ashley B Harward Board Member | Trustee | 1 | $0 |
Linda M Dearment Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $607,347 |
| All other contributions, gifts, grants, and similar amounts not included above | $317,926 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $925,273 |
| Total Program Service Revenue | $0 |
| Investment income | $553,003 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $39,886 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,540,017 |
| 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. | $77,047 |
| Compensation of current officers, directors, key employees. | $77,047 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $324,934 |
| Pension plan accruals and contributions | $14,034 |
| Other employee benefits | $42,467 |
| Payroll taxes | $31,510 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,143 |
| Advertising and promotion | $0 |
| Office expenses | $6,381 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $152,061 |
| Travel | $6,268 |
| 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 | $25,968 |
| All other expenses | $0 |
| Total functional expenses | $769,685 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $303,828 |
| Savings and temporary cash investments | $227,693 |
| 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 | $590,000 |
| Investments—publicly traded securities | $4,964,810 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,086,331 |
| Accounts payable and accrued expenses | $6,575 |
| 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 | $6,575 |
| Net assets without donor restrictions | $4,384,952 |
| Net assets with donor restrictions | $1,694,804 |
| 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 | $6,086,331 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Meadville Public Library Inc has recieved totaling $3,670.
| Awarding Organization | Amount |
|---|---|
Edward R & Judith P Eells Memorial Fund Pittsburgh, PA PURPOSE: GENERAL SUPPORT | $3,670 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Enoch Pratt Free Library Of Baltimore City Baltimore, MD | $234,974,900 | $48,157,400 |
Stark County District Library Canton, OH | $22,550,169 | $20,470,010 |
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 |
Queen Annes County Free Library Centreville, MD | $3,534,978 | $5,055,509 |
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 |