Friends Of The L E Phillips Memorial Public Library Inc
- Assets
- $99.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Eau Claire, WI
- Founding
- 11/1989
- Data as of
- 06/2022
- 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 06/2022, Friends Of The L E Phillips Memorial Public Library Inc generated $100.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $91.5k during the year ending 06/2022. While expenses have increased by 3.7% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacy Yearous Program And Development Coordinator | 20 | $17,508 | |
Astrid Hayden Administrative Assistant | 15 | $6,720 | |
Klare Girgen Administrative Assistant | 15 | $2,504 | |
Sara Derksen Executive Board President | 2 | $0 | |
Brenda Brant Executive Past President | 1 | $0 | |
Rebecca Noland Executive Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,019 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $297 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $32,287 |
| Other Revenue | $0 |
| Total Revenue | $100,603 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $28,788 |
| Professional fees and other payments to independent contractors | $3,025 |
| Occupancy, rent, utilities, and maintenance | $57 |
| Printing, publications, postage, and shipping | $1,730 |
| Other expenses | $3,376 |
| Total expenses | $91,453 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,566 |
| Other assets | $0 |
| Total assets | $99,566 |
| Total liabilities | $0 |
| Net assets or fund balances | $99,566 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Friends Of The L E Phillips Memorial Public Library Inc has recieved totaling $190,999.
| Awarding Organization | Amount |
|---|---|
Otto Bremer Trust St Paul, MN PURPOSE: STORY BUILDER CAPITAL CAMPAIGN | $100,000 |
Otto Bremer Trust St Paul, MN PURPOSE: STORY BUILDER CAPITAL CAMPAIGN | $50,000 |
Eau Claire Community Foundation Eau Claire, WI PURPOSE: DISBURSEMENT FROM STORY BUILDER FUND | $32,765 |
Annmarie Foundation Inc Medford, WI PURPOSE: LAPTOPS AND DIGITAL PEN | $7,960 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $274 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christian Schools International Insurance Plan And Trust Fund Grandville, MI | $5,188,497 | $9,699,281 |
Saginaw Valley State University Foundation University Center, MI | $94,804,323 | $8,609,845 |
Grinnell College Medical Benefit Plan Trust Agreement Grinnell, IA | $11,174,588 | $9,791,771 |
University Of Wisconsin-Eau Claire Foundation Inc Eau Claire, WI | $103,402,476 | $22,599,486 |
Blanche Ebert Seaver Trust For Frank R Seaver College Chicago, IL | $130,613,951 | $5,090,055 |
Detroit Public Schools Foundation Detroit, MI | $5,212,797 | $6,732,219 |
William Rainey Harper College Educational Foundation Palatine, IL | $50,154,930 | $4,699,112 |
Rochelle Zell Jewish High School Deerfield, IL | $17,970,776 | $8,473,073 |
Iowa State University Research Park Corp Ames, IA | $68,199,725 | $11,124,615 |
Minnesota State University Mankato Foundation Incorporated Mankato, MN | $77,015,205 | $9,285,148 |
University Gateway Corporation Minneapolis, MN | $78,655,248 | $6,023,242 |
Charles & Ellora Alliss Educational Foundation Milwaukee, WI | $87,576,345 | $9,781,011 |