Friends Of The Norfolk Public Library
- Assets
- $533.2k
- Revenue
- $82.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Norfolk, VA
- Founding
- 07/1998
- Data as of
- 12/2022
- EIN
- 54-1269002
Organization Overview
Friends Of The Norfolk Public Library is located in Norfolk, VA. The organization was established in 1998. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Norfolk 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 12/2022, Friends Of The Norfolk Public Library generated $82.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $73.2k during the year ending 12/2022. 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
THE PURPOSE IS TO ORGANIZE, ENCOURAGE, AND STRENGTHEN PUBLIC SUPPORT OF THE NORFOLK PUBLIC LIBRARY AND TO ENRICH ITS RESOURCES AND FACILITIES. THE FNPL ENCOURAGES CITIZENS OF NORFOLK TO ENJOY BOOKS AND RELATED MEDIA AND TO USE THE PUBLIC LIBRARY SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FRIENDS OF THE NORFOLK PUBLIC LIBRARY PROVIDES ONGOING SUPPORT ANNUALLY FOR THE NORFOLK PUBLIC LIBRARY TO ACCOMPLISH ITS MISSION. THE FNPL RAISES FUNDS TO SUPPORT NPL PROGRAMS AND SPECIAL EVENTS. FNPL PURCHASES BOOKS, MATERIALS, AND SUPPORT EQUIPMENT. IN 2022, AS A RESULT OF MEMBERSHIP DUES, DONATIONS, SPONSORSHIPS, AND BOOK SALES MORE THAN $50,728 WAS CONTRIBUTED TO NORFOLK PUBLIC LIBRARY TO SUPPORT ITS SUMMER READING PROGRAM FOR YOUTH AND ADULTS.
THE FRIENDS OF THE NORFOLK PUBLIC LIBRARY INITIATED THE LITTLE FREE LIBRARY PROGRAM THROUGHOUT THE CITY OF NORFOLK TO FURTHER PROMOTE LITERACY. IN 2022, THE FNPL SUPPORTED MORE THAN 100 LITTLE FREE LIBRARIES AND THEIR STEWARDS.
EACH YEAR, THE FRIENDS OF THE NORFOLK PUBLIC LIBRARY CONDUCT AN ANNUAL BOOK REVIEW CONTEST. IN 2022, MORE THAN 700 STUDENTS FROM NORFOLK PUBLIC, PRIVATE, AND HOME SCHOOLERS SUBMITTED BOOK REVIEWS FOR JUDGING. FROM THOSE SUBMISSIONS, THE FNPL DONATES FUNDS FOR ACTIVITIES PLANNED AND CONDUCTED BY THE NORFOLK PUBLIC LIBRARY FOR A SUMMER READING PROGRAM FOR CHILDREN AND ADULTS. IN 2022, $3,000 WAS DONATED TO PURCHASE BOOKS THAT WERE GIVEN TO PARTICIPANTS IN THE NPL SUMMER READING SUPPLEMENTAL LUNCH PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brigid Murphy Board Member | Trustee | 0 | $0 |
Emily Mccoy Peltz Board Member | Trustee | 0 | $0 |
Kate Pringle Board Member | Trustee | 0 | $0 |
Nancy Lazaron Board Member | Trustee | 0 | $0 |
Penny Lewis Board Member | Trustee | 0 | $0 |
Carol Hodges Moore Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,193 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $53,788 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,981 |
| Total Program Service Revenue | $12,979 |
| Investment income | $8,971 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $82,931 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $728 |
| Office expenses | $0 |
| Information technology | $1,172 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $182 |
| Total functional expenses | $73,208 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $83,983 |
| Savings and temporary cash investments | $3,000 |
| 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 | $0 |
| Investments—publicly traded securities | $446,174 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $533,157 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $533,157 |
| 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 | $533,157 |