Friends Of The Ramsey County Libraries
- Assets
- $1.3m
- Revenue
- $329.2k
- Investments
- $135.4k
- Employees
- 4
- Location
- Shoreview, MN
- Founding
- 08/1992
- Data as of
- 12/2021
- EIN
- 41-1597085
Organization Overview
Friends Of The Ramsey County Libraries is located in Shoreview, MN. The organization was established in 1992. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Friends Of The Ramsey County Libraries employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Ramsey County Libraries 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, Friends Of The Ramsey County Libraries generated $329.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $301.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 7 years. 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
TO STRENGTHEN, SUPPORT AND ADVOCATE FOR THE RAMSEY COUNTY LIBRARY SYSTEM IN ORDER TO ENRICH THE LIVES OF OUR LIBRARY USERS, TO PROMOTE LITERACY AND EDUCATION, AND TO FOSTER COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUMMER READING PROGRAM (38,000: 22,000 CHILDRENS, 16,000 TEENS); ADULT PROGRAMS (20,000); YOUTH PROGRAMS (25,000: 17,000 CHILDRENS, 8,000 TEENS); EXPLORE NEWSLETTER (1,500); EMPLOYEE DEVELOPMENT (500); CLOSED CAPTIONING (3,000) AND HOME DELIVERY BY MAIL (12,000)
ADULT AND CHILDREN'S COLLECTION AT ALL SEVEN RAMSEY COUNTY LIBRARY LOCATIONS - MAPLEWOOD, MOUNDSVIEW, NEW BRIGHTON, NORTH ST. PAUL, ROSEVILLE, SHOREVIEW, AND WHITE BEAR LAKE
OTHER MISCELLANOUS GRANTS TO RAMSEY COUNTY LIBARIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cyndi Cook Executive Di | Officer | 40 | $36,727 |
Mary Flynn Worley Executive Di | Officer | 30 | $16,097 |
Ann Trapnell President | OfficerTrustee | 1 | $0 |
Valerie Wise Vice Preside | OfficerTrustee | 1 | $0 |
Gregory Bromen Treasurer | OfficerTrustee | 1 | $0 |
Pam Harris Vice Preside | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $52,983 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $158,758 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $211,741 |
| Total Program Service Revenue | $0 |
| Investment income | $16,430 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $56,478 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $329,246 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $142,564 |
| 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. | $52,824 |
| Compensation of current officers, directors, key employees. | $31,694 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $59,376 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,585 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,542 |
| Information technology | $8,500 |
| Royalties | $0 |
| Occupancy | $3,220 |
| Travel | $1,084 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,872 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,040 |
| All other expenses | $0 |
| Total functional expenses | $301,827 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $191,832 |
| Savings and temporary cash investments | $0 |
| 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 | $1,877 |
| Investments—publicly traded securities | $990,018 |
| Investments—other securities | $135,370 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,319,097 |
| Accounts payable and accrued expenses | $909 |
| 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 | $909 |
| Net assets without donor restrictions | $721,890 |
| Net assets with donor restrictions | $596,298 |
| 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 | $1,319,097 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Friends Of The Ramsey County Libraries has recieved totaling $62,061.
| Awarding Organization | Amount |
|---|---|
Raft Charitable Foundation Sioux Falls, SD PURPOSE: GENERAL OPERATING | $30,000 |
Metropolitan Consortium Of Community Developers Minneapolis, MN PURPOSE: COVID RELIEF GRANT | $15,000 |
Saint Paul & Minnesota Foundation Saint Paul, MN PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES | $14,714 |
Walter And Leona Schmitt Family Foundation White Bear Lake, MN PURPOSE: SUPPORT LOCAL LIBRARY | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $197 |
Xcel Energy Foundation Minneapolis, MN PURPOSE: MATCHING EMPLOYEE DONATION | $150 |
Endowment Analysis
| Beg. Balance | $1,013,111 |
| Earnings | $152,472 |
| Grants | $40,192 |
| Ending Balance | $1,125,391 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Borealis Philanthropy Minneapolis, MN | $93,121,969 | $83,860,189 |
Gps Education Partners Inc Waukesha, WI | $3,399,978 | $6,380,793 |
Ashley For The Arts Ltd Arcadia, WI | $72,807 | $2,501,773 |
Duluth & North Shore Railway Inc Duluth, MN | $669,845 | $2,790,590 |
Lunda Community Center Inc Black River Falls, WI | $21,403,243 | $624,709 |
Mainframe Studios Des Moines, IA | $8,963,700 | $1,124,336 |
Hispanic Advocacy And Community Empowerment Through Research Saint Paul, MN | $982,108 | $1,506,665 |
Prairie Lakes Regional Arts Council Inc Waseca, MN | $117,408 | $791,048 |
Customized Options Nonprofit Oakdale, MN | $468,963 | $1,053,994 |
The Christine Center Willard, WI | $3,088,185 | $1,329,458 |
Peninsula School Of Art Inc Fish Creek, WI | $7,076,513 | $1,332,274 |
North Lakeland Discovery Center Inc Manitowish, WI | $4,813,502 | $2,765,130 |