Friends Of The Lake County Public Library is located in Merrillville, IN. The organization was established in 1979. 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 Lake County Public 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 12/2021, Friends Of The Lake County Public Library generated $21.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $32.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.6%) 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
FUNDS ARE DONATED TO LAKE CO PUBLIC LIBRARY TOSUPPORT THEIR FUNCTIONS AND PROMOTE READING
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Janet Flowers Board Member | 10 | $0 | |
Teresa Tressler Treasurer | 10 | $0 | |
Deanna Lewin Secretary | 10 | $0 | |
Kathy Mikulich VP | 10 | $0 | |
Elizabeth Holtz President | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,147 |
Total Program Service Revenue | $18,549 |
Membership dues | $2,020 |
Investment income | $19 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$1,321 |
Other Revenue | $8 |
Total Revenue | $21,028 |
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 | $450 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $6,874 |
Total expenses | $32,324 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $70,105 |
Other assets | $0 |
Total assets | $70,105 |
Total liabilities | $0 |
Net assets or fund balances | $70,105 |
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