Friends Of The Lynchburg Public Library
- Assets
- $273.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lynchburg, VA
- Founding
- 10/1967
- Data as of
- 06/2022
- EIN
- 54-6059813
Organization Overview
Friends Of The Lynchburg Public Library is located in Lynchburg, VA. The organization was established in 1967. 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 Lynchburg 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 06/2022, Friends Of The Lynchburg Public Library generated $37.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $22.3k during the year ending 06/2022. 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 |
|---|---|---|---|
Verna Lamb President | 0 | $0 | |
Deirdra Flavin Treasurer | 0 | $0 | |
Beverly Blair Library Dire | 0 | $0 | |
Bj Thomas Secretary | 0 | $0 | |
Rondys Cook Member | 0 | $0 | |
Peter Davies Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,614 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $17,228 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,040 |
| Other Revenue | $237 |
| Total Revenue | $37,119 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,161 |
| Other expenses | $21,128 |
| Total expenses | $22,289 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $196,642 |
| Other assets | $0 |
| Total assets | $273,370 |
| Total liabilities | $0 |
| Net assets or fund balances | $273,370 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Friends Of The Lynchburg Public Library has recieved totaling $12,006.
| Awarding Organization | Amount |
|---|---|
Greater Lynchburg Community Foundation Lynchburg, VA PURPOSE: ANNUAL DONOR-DESIGNATED GRANT; PROGRAM SUPPORT | $11,846 |
Imperial Charitable Trust Lynchburg, VA PURPOSE: EDUCATIONAL | $100 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $60 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Virginia Licensing & Ventures Group Charlottesville, VA | $21,114,215 | $9,580,641 |
Phoenix Academy Inc High Point, NC | $3,025,069 | $10,364,069 |
Elizabeth City State University Foundation Elizabeth City, NC | $21,052,714 | $2,780,872 |
Johns Hopkins University Retiree Medical Benefits Tr Baltimore, MD | $393,460,709 | $90,822,229 |
Duke Ellington School Of The Arts Project Washington, DC | $6,618,395 | $8,383,151 |
Laborers-Employers Cooperation And Education Trust Washington, DC | $20,406,637 | $8,972,632 |
Unc-G Excellence Foundation Greensboro, NC | $187,420,574 | $12,267,071 |
University Of Maryland Medical System Foundation Inc Baltimore, MD | $91,803,907 | $14,920,300 |
University Of North Carolina At Asheville Foundation Inc Asheville, NC | $61,754,429 | $7,423,002 |
Marshall-Wythe School Of Law Foundation Williamsburg, VA | $56,391,482 | $7,245,738 |
Horatio Alger Endowment Fund Alexandria, VA | $322,951,010 | $58,271,352 |
Old Dominion Athletic Foundation Norfolk, VA | $75,318,666 | $6,634,127 |