Hedberg Public Library Foundation Inc

Organization Overview

Hedberg Public Library Foundation Inc is located in Janesville, WI. The organization was established in 1980. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hedberg Public Library Foundation Inc 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, Hedberg Public Library Foundation Inc generated $109.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.7%) each year. All expenses for the organization totaled $59.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (21.4%) per year over the past 6 years. 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

THE PURPOSE OF THE ORGANIZATION IS TO FOCUS PUBLIC ATTENTION ON LIBRARY SERVICES AND PROVIDE A CONDUIT FOR CONTRIBUTION OF BOOKS, DESIRABLE COLLECTIONS, ENDOWMENTS, AND BEQUESTS TO JANESVILLE'S HEDBERG PUBLIC LIBRARY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONDUIT FOR CONTRIBUTION OF BOOKS, DESIRABLE COLLECTIONS TO JANESVILLE'S HEDBERG PUBLIC LIBRARY


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Board, Officers & Key Employees

Name (title)Compensation
Olivia Peterson
Director
$0
Aron Bussan
Director
$0
Kari Gates
Director
$0
Jesse Otts
Director
$0
Gregg Dickinson
Director
$0
Burdette Richter
President
$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$77,715
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$77,715
Total Program Service Revenue$0
Investment income $31,755
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 $0
Miscellaneous Revenue$0
Total Revenue $109,470

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