Friends Of The L E Phillips Memorial Public Library Inc
- Assets
- $94.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Eau Claire, WI
- Founding
- 11/1989
- Data as of
- 06/2024
- EIN
- 39-1645487
Organization Overview
Friends Of The L E Phillips Memorial Public Library Inc is located in Eau Claire, WI. The organization was established in 1989. 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. Friends Of The L E Phillips Memorial Public Library 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 06/2024, Friends Of The L E Phillips Memorial Public Library Inc generated $112.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.8% each year . All expenses for the organization totaled $113.4k during the year ending 06/2024. While expenses have increased by 20.6% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Lehmkuhl Executive Board President | 1 | $0 | |
Esther Moen Executive Vice President | 1 | $0 | |
Rebecca Noland Executive Past President | 1 | $0 | |
Timothy Haukeness Treasurer | 1 | $0 | |
Layla Fisher Secretary | 1 | $0 | |
Patti Ausman Member At Large | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,945 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,660 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $33,567 |
| Other Revenue | $0 |
| Total Revenue | $112,172 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,648 |
| Professional fees and other payments to independent contractors | $3,103 |
| Occupancy, rent, utilities, and maintenance | $110 |
| Printing, publications, postage, and shipping | $1,527 |
| Other expenses | $8,077 |
| Total expenses | $113,370 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $94,937 |
| Other assets | $0 |
| Total assets | $94,937 |
| Total liabilities | $0 |
| Net assets or fund balances | $94,937 |