Timrod Literary And Library Association
- Assets
- $483.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Summerville, SC
- Founding
- 02/1950
- Data as of
- 04/2024
- EIN
- 57-0370528
Organization Overview
Timrod Literary And Library Association is located in Summerville, SC. The organization was established in 1950. According to its NTEE Classification (B70) the organization is classified as: Libraries, 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. Timrod Literary And Library Association 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 04/2024, Timrod Literary And Library Association generated $64.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $76.3k during the year ending 04/2024. 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 |
|---|---|---|---|
Leslie Koller President | 10 | $0 | |
Terri Barnes Vice President | 8 | $0 | |
Mary Comer Treasurer | 4 | $0 | |
Beverly Cuthbert Secretary | 4 | $0 | |
Mary Beauchene Board Member | 2 | $0 | |
Howard Bridgman Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,880 |
| Total Program Service Revenue | $0 |
| Membership dues | $10,375 |
| Investment income | $1,140 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $11,117 |
| Other Revenue | $731 |
| Total Revenue | $63,957 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $28,414 |
| Professional fees and other payments to independent contractors | $4,910 |
| Occupancy, rent, utilities, and maintenance | $17,125 |
| Printing, publications, postage, and shipping | $3,501 |
| Other expenses | $22,377 |
| Total expenses | $76,327 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $136,677 |
| Other assets | $0 |
| Total assets | $483,796 |
| Total liabilities | $0 |
| Net assets or fund balances | $483,796 |