Clear Lake Public Library Foundation
- Assets
- $334.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clear Lake, IA
- Founding
- 08/1984
- Data as of
- 06/2021
- EIN
- 42-1206004
Organization Overview
Clear Lake Public Library Foundation is located in Clear Lake, IA. The organization was established in 1984. 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. Clear Lake Public Library Foundation 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 06/2021, Clear Lake Public Library Foundation generated $17.4k 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 (5.9%) each year. All expenses for the organization totaled $4.4k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (21.6%) per year over the past 6 years. 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 |
|---|---|---|---|
Bennett Smith President | 1 | $0 | |
Thomas Arndorfer Vice President | 1 | $0 | |
Beverly Currier Board Member | 1 | $0 | |
Tamara Orte Treasurer | 1 | $0 | |
Laurie Calgaard Board Member | 1 | $0 | |
Gary Peterson Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,410 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,968 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $17,378 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $920 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $225 |
| Other expenses | $3,280 |
| Total expenses | $4,425 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $334,358 |
| Other assets | $0 |
| Total assets | $334,358 |
| Total liabilities | $0 |
| Net assets or fund balances | $334,358 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Clear Lake Public Library Foundation has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
First Citizens National Bank Charitable Foundation Inc Mason City, IA PURPOSE: HANDICAP-ACCESSIBLEDOORS FOR CHILDREN'SDEPARTMENT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
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 |
University Of Central Missouri Foundation Warrensburg, MO | $77,602,876 | $17,903,644 |
Nebraska Defense Research Corporation Lincoln, NE | $12,097,402 | $14,649,208 |
Newman Foundation At The University Of Illinois Champaign, IL | $49,665,230 | $9,311,134 |