Meadville Public Library Inc is located in Meadville, PA. The organization was established in 2001. As of 12/2023, Meadville Public Library Inc employed 17 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 12/2023, Meadville Public Library Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $886.1k during the year ending 12/2023. 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
SERVES AS A PUBLIC LIBRARY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC LIBRARY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dan Slozat Director | Officer | 40 | $61,562 |
Diana Brautigam Board Member | Trustee | 1 | $0 |
Linda M Dearment Board Member | Trustee | 1 | $0 |
Christopher Junker Board Member | Trustee | 1 | $0 |
Fritzi Kloecker Board Member | Trustee | 1 | $0 |
Ross A Lockwood Treasurer | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $456,126 |
All other contributions, gifts, grants, and similar amounts not included above | $258,610 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $714,736 |
Total Program Service Revenue | $0 |
Investment income | $140,845 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $136,176 |
Net Income from Fundraising Events | $43,138 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,049,603 |
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. | $61,562 |
Compensation of current officers, directors, key employees. | $61,562 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $385,695 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $51,346 |
Payroll taxes | $33,570 |
Fees for services: Management | $0 |
Fees for services: Legal | $6,600 |
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 | $6,080 |
Advertising and promotion | $4,788 |
Office expenses | $9,349 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $196,059 |
Travel | $5,549 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,843 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $29,653 |
All other expenses | $0 |
Total functional expenses | $886,123 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $294,365 |
Savings and temporary cash investments | $197,299 |
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 | $4,994,955 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $6,076,619 |
Accounts payable and accrued expenses | $5,961 |
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 | $77,665 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $83,626 |
Net assets without donor restrictions | $4,540,747 |
Net assets with donor restrictions | $1,452,246 |
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 | $6,076,619 |