Seat Of Wisdom Library is located in Hampshire, IL. The organization was established in 2010. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seat Of Wisdom 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, Seat Of Wisdom Library generated $107.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $146.7k during the year ending 12/2023. 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
EXPENSES USED TO BUILD AND OUTFIT LIBRARIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sylvester Nnaso President | 5 | $0 | |
Arianna Halt Secretary | 5 | $0 | |
James W Ward Treasurer | 3 | $0 | |
Debra K Ward Director | 1 | $0 | |
Robert Fandel Director | 1 | $0 | |
Theresa Fandel Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $32,309 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $75,000 |
Total Revenue | $107,309 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $9,908 |
Total expenses | $146,742 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $7,804 |
Other assets | $0 |
Total assets | $7,804 |
Total liabilities | $0 |
Net assets or fund balances | $7,804 |