Ringling College Library Association Inc
- Assets
- $2.6m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 2
- Location
- Sarasota, FL
- Founding
- 10/1979
- Data as of
- 05/2022
- EIN
- 51-0173628
Organization Overview
Ringling College Library Association Inc is located in Sarasota, FL. The organization was established in 1979. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 05/2022, Ringling College Library Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ringling College Library Association 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 05/2022, Ringling College Library Association Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $830.6k during the year ending 05/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
RINGLING COLLEGE LIBRARY ASSOCIATION IS DEDICATED TO THE ONGOING DEVELOPMENT OF THE ALFRED R. GOLDSTEIN LIBRARY AND ACTS AS A CATALYST FOR THE EDUCATION GROWTH OF STUDENTS, FACULTY AND COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIBRARY FUNDING AND SCHOLARSHIPS FOR THE RINGLING COLLEGE OF ART AND DESIGN.
RINGLING COLLEGE LIBRARY ASSOCIATION MEMBERSHIP SUPPORT INCLUDED ARTS-ORIENTED FIELD TRIPS, MEMBERSHIP EVENTS AND OTHER SUPPORT FOR THE ALFRED R. GOLDSTEIN LIBRARY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Grosskreutz Executive Director | Officer | 40 | $96,100 |
Emily Walsh President | OfficerTrustee | 1 | $0 |
Mitzie Henson Recording Secretary | OfficerTrustee | 1 | $0 |
Susan Gross Treasurer | OfficerTrustee | 10 | $0 |
Ashley Brown Member-At-Large | Trustee | 1 | $0 |
Linda Whitacre Member-At-Large | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Washington Speakers Bureau Speaker Fees | 5/30/22 | $169,000 |
Harry Walker Agency Speaker Fees | 5/30/22 | $109,000 |
Worldwide Speakers Group Speaker Fees | 5/30/22 | $105,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $249,111 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $55,938 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $305,049 |
| Total Program Service Revenue | $0 |
| Investment income | $1,618 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $707,046 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,013,713 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $603,000 |
| 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. | $113,647 |
| Compensation of current officers, directors, key employees. | $22,729 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,508 |
| Pension plan accruals and contributions | $70 |
| Other employee benefits | $0 |
| Payroll taxes | $10,350 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,808 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,211 |
| Office expenses | $13,882 |
| Information technology | $2,284 |
| Royalties | $0 |
| Occupancy | $10,440 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,685 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,378 |
| Insurance | $20,268 |
| All other expenses | $0 |
| Total functional expenses | $830,626 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $151,600 |
| Savings and temporary cash investments | $1,807,526 |
| 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 | $653,231 |
| Net Land, buildings, and equipment | $99 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,612,456 |
| Accounts payable and accrued expenses | $13,780 |
| Grants payable | $0 |
| Deferred revenue | $611,445 |
| 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 | $315,000 |
| Total liabilities | $940,225 |
| Net assets without donor restrictions | $1,672,231 |
| Net assets with donor restrictions | $0 |
| 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 | $2,612,456 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Ringling College Library Association Inc has recieved totaling $51,000.
| Awarding Organization | Amount |
|---|---|
Roberta Leventhal Sudakoff Foundation Inc Sarasota, FL PURPOSE: GENERAL | $35,000 |
Gulf Coast Community Foundation Inc Venice, FL PURPOSE: ARTS & CULTURE | $15,200 |
Gondelman Foundation Inc Longboat Key, FL PURPOSE: EDUCATION | $700 |
Bromark Family Foundation Uad 01-11-2019 Sarasota, FL PURPOSE: GENERAL | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Tech Foundation Inc Atlanta, GA | $3,057,656,645 | $246,304,114 |
University Of South Florida Foundation Inc Tampa, FL | $929,677,670 | $144,887,499 |
Auburn University Foundation Auburn, AL | $857,894,187 | $96,896,842 |
Florida State University Foundation Inc Tallahassee, FL | $730,089,060 | $57,370,131 |
Spelman College Special Ventures Fund Inc Atlanta, GA | $236,389,415 | $26,274,154 |
Seminole Boosters Inc Tallahassee, FL | $240,991,921 | $48,392,781 |
University Of Florida Research Foundation Inc Gainesville, FL | $131,218,099 | $46,757,527 |
University Of Central Florida Foundation Inc Orlando, FL | $396,904,531 | $45,984,866 |
Florida International University Foundation Inc Miami, FL | $475,743,772 | $154,605,877 |
Shorter University Inc Rome, GA | $57,209,537 | $39,807,545 |
Kennesaw State University Foundation Inc Kennesaw, GA | $537,455,993 | $85,548,111 |
University Of South Alabama Foundation Mobile, AL | $392,021,424 | $13,140,864 |