Friends Of The Lake Oswego Public Library

Organization Overview

Friends Of The Lake Oswego Public Library is located in Lake Oswego, OR. The organization was established in 1976. 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 Lake Oswego Public Library 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 06/2023, Friends Of The Lake Oswego Public Library generated $156.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $165.2k during the year ending 06/2023. While expenses have increased by 6.8% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT THE MISSION OF THE LAKE OSWEGO PUBLIC LIBRARY, PROVIDE SUPPORT TO INITIATE PROGRAMS WITH LONG TERM IMPACT, TO SUPPORT PROJECTS FOR COMMUNITY USE, AND TO SERVE AS GOODWILL AMBASSADOR FOR THE LIBRARY

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTE AND SUPPORT THE LAKE OSWEGO PUBLIC LIBRARY PROGRAMS SUCH AS LAKE OSWEGO READS, MUSIC AND AUTHOR SERIES, AND TO ENHANCE THE LIBRARY COLLECTIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Phil Wikelund
President
$0
Donna Needham
Director
$0
Jerri Breene
Treasurer
$0
Andrew Edwards
Vice President
$0
Janet Argota
Director
$0
Diana Bower
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$13,300
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$6,254
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$19,554
Total Program Service Revenue$0
Investment income $10,469
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $126,374
Miscellaneous Revenue$0
Total Revenue $156,397

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