Wayne County Public Library Inc
- Assets
- $2.6m
- Revenue
- $159.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Goldsboro, NC
- Founding
- 05/1945
- Data as of
- 06/2024
- EIN
- 56-0530244
Organization Overview
Wayne County Public Library Inc is located in Goldsboro, NC. The organization was established in 1945. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wayne County Public Library 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 06/2024, Wayne County Public Library Inc generated $159.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $259.4k during the year ending 06/2024. While expenses have increased by 15.2% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE WAYNE COUNTY PUBLIC LIBRARY FOUNDATION, INC., ALONG WITH THE LEADERSHIP OF LIBRARY DIRECTOR AND ASSISTANT DIRECTOR LED THREE SIGNIFICANT PROJECTS IN THIS FISCAL YEAR. THREE YEARS AGO, EFFORTS WERE BEGUN TO PURCHASE A MOBILE LIBRARY FOR WAYNE COUNTY. THE MOBILE LIBRARY WAS FUNDED BY THE FOUNDATION AS THE LEAD FUNDER ALONG WITH FUNDING FROM AN LSTA FEDERAL GRANT AND SOME FUNDS FROM THE COUNTY OF WAYNE. AFTER SEVERAL YEARS OF DELAYS FROM THE MANUFACTURE OF THE MOBILE LIBRARY THE DELIVERY TO THE LIBRARY WAS IN THE SPRING OF 2024. THE MOBILE LIBRARY IS A STATE-OF-THE-ART MERCEDES SPRINTER VAN WHICH INCLUDES A CANOPY FOR PROGRAMMING OUTSIDE. SINCE THE ARRIVAL OF THE VAN, THERE HAVE BEEN CHILDRENS PROGRAMMING IN THE SUMMER AT REGULARLY SCHEDULED STOPS ALONG WITH STOPS FOR ADULTS. THE MOBILE LIBRARY SERVES TO REACH POPULATIONS WHO CANNOT ORDINARILY VISIT THE THREE COUNTY LIBRARIES WITH A SPECIAL FOCUS ON AGING POPULATIONS AND CHILDREN. THE FOUNDATION ALSO SUPPORTED THE NEW PROGRAM, THE LEA
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENRICHMENT FOR LIBRARY PROGRAMMING.
COMMUNITY EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Bartlett Chair | OfficerTrustee | 5 | $0 |
Charles P Gaylor Trustee | Trustee | $0 | |
Donna Phillips Secretary/tr | OfficerTrustee | $0 | |
John Walston Trustee | Trustee | $0 | |
Leslie Weil Trustee | Trustee | $0 | |
Lynn Williams Trustee | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $53,745 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,823 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,568 |
| Total Program Service Revenue | $0 |
| Investment income | $92,709 |
| 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 | $159,233 |
| 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 | $2,003 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $23,919 |
| Advertising and promotion | $51 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,779 |
| 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 | $4,989 |
| All other expenses | $0 |
| Total functional expenses | $259,441 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $316,658 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,924 |
| 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 | $2,269,860 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,590,442 |
| 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 | $320,582 |
| Net assets with donor restrictions | $2,269,860 |
| 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 | $2,590,442 |