Portage County Public Library Foundation Inc is located in Stevens Point, WI. The organization was established in 1986. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Portage County 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 12/2021, Portage County Public Library Foundation Inc generated $96.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.2% each year . All expenses for the organization totaled $50.3k during the year ending 12/2021. While expenses have increased by 3.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PORTAGE COUNTY PUBLIC LIBRARY FOUNDATION, INC. MANAGES CONTRIBUTIONS AND BEQUESTS TO BENEFIT THE PATRONS OF THE PORTAGE COUNTY LIBRARY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIBRARY PROGRAMS & PURCHASE BOOKS AND MATERIALS
DEPRECIATION ON FIXTURES & EQUIPMENT TO PROVIDE SERVICES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jan Doxtator President | OfficerTrustee | 0 | $0 |
Chris Doubek Treasurer | OfficerTrustee | 0 | $0 |
Larry Oathout Secretary | OfficerTrustee | 0 | $0 |
Steven Thompson Vice President | OfficerTrustee | 0 | $0 |
Anne Pawlak Director | Trustee | 0 | $0 |
Mindy King Director | Trustee | 0 | $0 |
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 | $21,789 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $21,789 |
Total Program Service Revenue | $0 |
Investment income | $71,241 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $2,686 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $96,461 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,080 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $8,182 |
Fees for services: Other | $0 |
Advertising and promotion | $1,549 |
Office expenses | $0 |
Information technology | $253 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,436 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,997 |
Insurance | $923 |
All other expenses | $2,368 |
Total functional expenses | $50,334 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $20,284 |
Savings and temporary cash investments | $157,500 |
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 | $27,104 |
Investments—publicly traded securities | $139,252 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $563,087 |
Total assets | $907,227 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $529,336 |
Net assets with donor restrictions | $377,891 |
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 | $907,227 |
Over the last fiscal year, we have identified 1 grants that Portage County Public Library Foundation Inc has recieved totaling $15,524.
Awarding Organization | Amount |
---|---|
Community Foundation Of Central Wisconsin Inc Stevens Point, WI PURPOSE: OPERATIONAL SUPPORT | $15,524 |
Organization Name | Assets | Revenue |
---|---|---|
Willard Library Battle Creek, MI | $5,504,980 | $5,978,429 |
Chicago Public Library Foundation Chicago, IL | $39,161,773 | $5,601,419 |
Southeastern Libraries Cooperating Rochester, MN | $3,251,693 | $3,092,021 |
Illinois Library Association Chicago, IL | $3,523,138 | $2,926,047 |
Hoyt Trust Saginaw, MI | $13,312,387 | $317,292 |
Mabel Tainter Literary Library & Educational Society Menomonie, WI | $4,637,206 | $653,036 |
Detroit Public Library Friends Foundation Inc Detroit, MI | $4,265,630 | $310,193 |
Southeastern Wisconsin Information Technology Exchange Inc Milwaukee, WI | $184,005 | $425,122 |
Wisconsin Library Association Inc Monona, WI | $443,421 | $444,670 |
Grand Rapids Public Library Foundation Grand Rapids, MI | $5,963,728 | $901,306 |
Friends Of Appleton Library Incorporated Appleton, WI | $2,411,816 | $566,994 |
Webster Memorial Library Decatur, MI | $3,453,245 | $294,060 |