Friends Of The Public Library Of Cincinnati And Hamilton County
- Assets
- $1.0m
- Revenue
- $420.2k
- Investments
- $0.0
- Employees
- 7
- Location
- Cincinnati, OH
- Founding
- 03/1960
- Data as of
- 03/2022
- EIN
- 31-6032847
Organization Overview
Friends Of The Public Library Of Cincinnati And Hamilton County is located in Cincinnati, OH. The organization was established in 1960. As of 03/2022, Friends Of The Public Library Of Cincinnati And Hamilton County employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Public Library Of Cincinnati And Hamilton County 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 03/2022, Friends Of The Public Library Of Cincinnati And Hamilton County generated $420.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $348.2k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
A NON-PROFIT ORGANIZATION DEDICATED TO HELPING THE PUBLIC LIBRARY OF CINCINNATI AND HAMILTON COUNTY MAKE INFORMATION ACCESSIBLE TO THE COMMUNITIES IT SERVES. THE ORGANIZATION PURCHASES SPECIAL LIBRARY MATERIALS AND EQUIPMENT AND SPONSORS NUMEROUS PROGRAMS THROUGHOUT THE YEAR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM EXPENSES INCURRED TO FUND FURTHER PUBLIC INTEREST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexia Loyanich Executive Director | Officer | 40 | $41,600 |
Jillian Digiantonio Secretary | OfficerTrustee | 1 | $0 |
William C Strangfeld President | OfficerTrustee | 1 | $0 |
Todd Wenning Treasurer | OfficerTrustee | 1 | $0 |
Jim Jones Vice President | OfficerTrustee | 1 | $0 |
Arnice Smith Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $33,204 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $30,139 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,343 |
| Total Program Service Revenue | $0 |
| Investment income | $35,831 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,201 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $300,003 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $420,212 |
| 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. | $41,600 |
| Compensation of current officers, directors, key employees. | $1,664 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $40,630 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,554 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,967 |
| Fees for services: Lobbying | $24,553 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,104 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $77,844 |
| Travel | $0 |
| 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 | $1,632 |
| Insurance | $5,871 |
| All other expenses | $2,640 |
| Total functional expenses | $348,218 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,398 |
| Savings and temporary cash investments | $261,070 |
| 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 | $5,295 |
| Investments—publicly traded securities | $703,631 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,019,394 |
| Accounts payable and accrued expenses | $11,743 |
| 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 | $11,743 |
| Net assets without donor restrictions | $1,005,651 |
| Net assets with donor restrictions | $2,000 |
| 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 | $1,019,394 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Friends Of The Public Library Of Cincinnati And Hamilton County has recieved totaling $310.
| Awarding Organization | Amount |
|---|---|
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $240 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $70 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Midwest Collaborative For Library Services Inc Lansing, MI | $15,149,263 | $26,161,639 |
Stark County District Library Canton, OH | $22,550,169 | $20,470,010 |
Lexington Public Library Lexington, KY | $48,466,600 | $19,057,212 |
Willard Library Battle Creek, MI | $5,504,980 | $5,978,429 |
Bethlehem Area Public Library Bethlehem, PA | $2,187,158 | $3,094,855 |
Franklin County Library System Chambersburg, PA | $1,706,227 | $3,129,191 |
Danville Library Inc Danville, KY | $6,580,525 | $1,263,979 |
Luzerne County Library System Wilkesbarre, PA | $242,178 | $2,036,246 |
Altoona Area Public Library Altoona, PA | $2,980,766 | $2,595,800 |
Easton Area Public Library Easton, PA | $3,196,974 | $2,340,493 |
Lancaster Public Library Lancaster, PA | $9,027,517 | $3,183,372 |
Wissahickon Valley Public Library Blue Bell, PA | $7,205,487 | $1,924,736 |