Friends Of The Beaufort County Library
- Assets
- $260.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Beaufort, SC
- Founding
- 06/1988
- Data as of
- 12/2022
- EIN
- 57-0858601
Organization Overview
Friends Of The Beaufort County Library is located in Beaufort, SC. The organization was established in 1988. 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 Beaufort County 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 Beaufort County Library generated $60.0k 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 (3.2%) each year. All expenses for the organization totaled $48.3k during the year ending 12/2022. 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 |
|---|---|---|---|
Carter Hoyt President | 10 | $0 | |
Nancy Gilley Secretary | 5 | $0 | |
Sandra Shuster Treasurer | 10 | $0 | |
Deb Chevas Book Sale Chair | 20 | $0 | |
Dennis Jenkins Book Sale Co-Chair | 10 | $0 | |
Sheila Droun Membership | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,836 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $120 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $36,022 |
| Other Revenue | $0 |
| Total Revenue | $59,978 |
| 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 | $145 |
| Occupancy, rent, utilities, and maintenance | $8,840 |
| Printing, publications, postage, and shipping | $2,685 |
| Other expenses | $36,654 |
| Total expenses | $48,324 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $260,350 |
| Other assets | $0 |
| Total assets | $260,350 |
| Total liabilities | $0 |
| Net assets or fund balances | $260,350 |