Lincoln Library Foundation

Organization Overview

Lincoln Library Foundation is located in Springfield, IL. The organization was established in 1991. According to its NTEE Classification (B70) the organization is classified as: Libraries, 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. Lincoln 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 12/2022, Lincoln Library Foundation generated $79.3k 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 (8.4%) each year. All expenses for the organization totaled $118.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ESTABLISHED IN 1991, FOR PURPOSES CHARITABLE, LITERARY, AND EDUCATIONAL, THE LINCOLN LIBRARY FOUNDATION STRIVES TO FOCUS ATTENTION ON PUBLIC LIBRARY SERVICES IN SPRINGFIELD, IL. THROUGH INDIVIDUAL GIFTS, ENDOWMENTS, AND BEQUESTS, THE FOUNDATION PURCHASES MATERIALS FOR THE PUBLIC LIBRARY, WHICH SERVES A POPULATION OF APPROXIMATELY 114,394 OF WHICH 32,199 ARE CARDHOLDERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION PURCHASES BOOKS AND OTHER MATERIALS AND SUPPLIES FOR LINCOLN LIBRARY SPRINGFIELD'S PUBLIC LIBRARY, WHICH SERVES A POPULATION OF APPROXIMATELY 116,250 OF WHICH OVER 35,921 ARE CARDHOLDERS.


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Board, Officers & Key Employees

Name (title)Compensation
David Jenkins
President
$0
Marty Ryan
Secretary
$0
Tom Newman
Board
$0
Helen Cox
Vice President Appointed 10/16
$0
Dan Greer
Board Appointed 6/16
$0
David Claunch
Board Appointed 4/26/17
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$11,605
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$11,605
Total Program Service Revenue$0
Investment income $49,279
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $18,434
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $79,318

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