Public Library Of Johnston County And Smithfield is located in Smithfield, NC. The organization was established in 1977. As of 06/2022, Public Library Of Johnston County And Smithfield employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Public Library Of Johnston County And Smithfield 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, Public Library Of Johnston County And Smithfield generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $1.5m during the year ending 06/2022. While expenses have increased by 1.1% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A PUBLIC LIBRARY FOR JOHNSTON COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A LIBRARY, BOOK SERVICE AND OTHER PROGRAMS TO THE PUBLIC OF JOHNSTON COUNTY, NC AND THE TOWN OF SMITHFIELD, NC AND ITS SURROUNDING AREAS.
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Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lizzett Acevedo Trustee | Trustee | 0 | $0 |
Connie Barbour Trustee | Trustee | 0 | $0 |
Rick Childrey Trustee | Trustee | 0 | $0 |
Emily Scott Trustee | Trustee | 0 | $0 |
Jennifer Seagraves Trustee | Trustee | 0 | $0 |
Jane Shipman Trustee | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,440,518 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $348,000 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,440,518 |
Total Program Service Revenue | $22,035 |
Investment income | $39,332 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$39,836 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,465,964 |
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 | $516,794 |
Pension plan accruals and contributions | $46,134 |
Other employee benefits | $192,903 |
Payroll taxes | $36,826 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $38,300 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $709 |
Office expenses | $122,934 |
Information technology | $17,395 |
Royalties | $0 |
Occupancy | $438,138 |
Travel | $352 |
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 | $36,817 |
Insurance | $17,958 |
All other expenses | $0 |
Total functional expenses | $1,470,013 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $474,062 |
Savings and temporary cash investments | $12,154 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $12,603 |
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 | $795,598 |
Investments—publicly traded securities | $634,342 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,928,759 |
Accounts payable and accrued expenses | $52,614 |
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 | $125,702 |
Total liabilities | $178,316 |
Net assets without donor restrictions | $1,499,809 |
Net assets with donor restrictions | $250,634 |
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 | $1,928,759 |