Ida Public Library-Minerva Blackburn Memorial Endowment Trust
- Assets
- $20.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rockford, IL
- Founding
- 03/1988
- Data as of
- 03/2024
- EIN
- 36-6837468
Organization Overview
Ida Public Library-Minerva Blackburn Memorial Endowment Trust is located in Rockford, IL. The organization was established in 1988. 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. Ida Public Library-Minerva Blackburn Memorial Endowment Trust 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 03/2024, Ida Public Library-Minerva Blackburn Memorial Endowment Trust generated $417.0 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 (44.7%) each year. All expenses for the organization totaled $3.4k during the year ending 03/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
IDA PUBLIC LIBRARY SUPPORT
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $531 |
| Gain or Loss | -$114 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $417 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,500 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $530 |
| Total expenses | $3,363 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,019 |
| Other assets | $0 |
| Total assets | $20,019 |
| Total liabilities | $0 |
| Net assets or fund balances | $20,019 |