National First Ladies Library is located in Canton, OH. The organization was established in 1998. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 09/2023, National First Ladies Library employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National First Ladies 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 09/2023, National First Ladies Library generated $607.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $507.5k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (8.9%) per year over the past 8 years. 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
TO EDUCATE THE PUBLIC ABOUT THE CONTRIBUTIONS OF AMERICA'S FIRST LADIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSEUM ARCHIVES & EXHIBITS - EDUCATE THE PUBLIC ABOUT THE ROLE OF AMERICA'S FIRST LADIES BY COLLECTING, HOUSING AND EXHIBITING ITEMS OF HISTORICAL SIGNIFICANCE AND CREATING THEMATIC DISPLAYS.
EDUCATIONAL PROGRAMMING - EDUCATIONAL PROGRAMMING FOR BOTH THE GENERAL PUBLIC AND SCHOOLS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jennifer Highfield Prior Presid | Officer | 45 | $77,029 |
Barbara Abbot Secretary | OfficerTrustee | 1 | $0 |
Ann Womer Benjamin Board Member | Trustee | 1 | $0 |
William Blair Board Member | Trustee | 1 | $0 |
Allyson Bussey Board Member | Trustee | 1 | $0 |
Linda Dehoff Board Vice P | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $50 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $418,211 |
All other contributions, gifts, grants, and similar amounts not included above | $131,756 |
Noncash contributions included in lines 1a–1f | $31,861 |
Total Revenue from Contributions, Gifts, Grants & Similar | $550,017 |
Total Program Service Revenue | $29,744 |
Investment income | $98 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
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 | $27,464 |
Miscellaneous Revenue | $0 |
Total Revenue | $607,323 |
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. | $77,029 |
Compensation of current officers, directors, key employees. | $56,837 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $133,518 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $15,969 |
Payroll taxes | $18,218 |
Fees for services: Management | $0 |
Fees for services: Legal | $75 |
Fees for services: Accounting | $10,530 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $27,096 |
Office expenses | $2,549 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $31,366 |
Travel | $12,167 |
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 | $14,109 |
Insurance | $28,468 |
All other expenses | $52,056 |
Total functional expenses | $507,546 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $437,172 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $12,500 |
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 | $97,439 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $610,383 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,006,764 |
Total assets | $3,164,258 |
Accounts payable and accrued expenses | $56,807 |
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 | $56,807 |
Net assets without donor restrictions | $3,094,861 |
Net assets with donor restrictions | $12,590 |
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 | $3,164,258 |