Wadsworth Public Library Foundation
- Assets
- $429.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wadsworth, OH
- Founding
- 01/1996
- Data as of
- 11/2022
- EIN
- 34-1798813
Organization Overview
Wadsworth Public Library Foundation is located in Wadsworth, OH. The organization was established in 1996. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wadsworth Public Library Foundation 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 11/2022, Wadsworth Public Library Foundation generated $16.2k 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 (10.5%) each year. All expenses for the organization totaled $174.3k during the year ending 11/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE WADSWORTH PUBLIC LIBRARY FOUNDATION WAS ESTABLISHED TO SEEK, RECEIVE AND ADMINISTER GIFTS, BEQUESTS AND DONATIONS FOR THE SUPPORT AND PRESERVATION OF THE WADSWORTH PUBLIC LIBRARY, BEYOND THE LEVEL OF TAXPAYER RESPONSIBILITY AND IN A MANNER CONSISTENT WITH THE GOALS OF THE LIBRARY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Wagar Treasurer | 2 | $0 | |
Ariel Hakim Secretary | 1 | $0 | |
James Lawrence President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,170 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $16,170 |
| 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 | $104,328 |
| Total expenses | $174,328 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $428,970 |
| Other assets | $0 |
| Total assets | $428,970 |
| Total liabilities | $0 |
| Net assets or fund balances | $428,970 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Wadsworth Public Library Foundation has recieved totaling $2,585.
| Awarding Organization | Amount |
|---|---|
Ryan Family Foundaion Marco Island, FL PURPOSE: UNRESTRICTED FUNDS | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $85 |
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 |