Johann Fust Library Foundation Inc is located in Boca Grande, FL. 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. Johann Fust Library Foundation 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 06/2022, Johann Fust Library Foundation Inc generated $834.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $539.0k during the year ending 06/2022. While expenses have increased by 5.9% per year over the past 6 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT AND MAINTENANCE OF THE PUBLIC LIBRARY FOR GASPARILLA ISLAND AND THE BOCA GRANDE COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Barbara Marquis Executive Director | 34 | $105,625 | |
Stephanie Firman Secretary | 2 | $0 | |
Henry Becton Director | 1 | $0 | |
Karen Zarse Director | 1 | $0 | |
Jacque Hoyt President | 5 | $0 | |
Chris Cowperthwait Director Emeritus | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $391,836 |
Interest on Savings | $0 |
Dividends & Interest | $111,533 |
Net Rental Income | $73,143 |
Net Gain on Sale of Assets | $170,995 |
Capital Gain Net Income | $170,995 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $70,185 |
Total Revenue | $834,549 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $105,625 |
Other employee salaries and wages | $47,769 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $14,990 |
Depreciation | $72,061 |
Occupancy | $23,656 |
Travel, conferences, and meetings | $0 |
Printing and publications | $10,821 |
Other expenses | $258,335 |
Total operating and administrative expenses | $539,013 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $539,013 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $485,411 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $98,000 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $26,105 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $1,897,669 |
Other assets | $0 |
Total assets | $7,279,808 |
Accounts payable and accrued expenses | $4,193 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $1,500 |
Total liabilities | $5,693 |
Over the last fiscal year, we have identified 12 grants that Johann Fust Library Foundation Inc has recieved totaling $25,000.
Awarding Organization | Amount |
---|---|
Gulf Coast Community Foundation Inc Venice, FL PURPOSE: ARTS & CULTURE | $6,500 |
Organization Name not Listed PURPOSE: GENERAL SUPPORT | | $5,000 |
Hall Family Foundation Boca Grande, FL PURPOSE: TO PRESERVE EDUCATION | $5,000 |
Sharp Foundation Wilmington, DE PURPOSE: ASSIST WITH FINANCIAL HELP IN THEIR NON-PROFIT NEEDS | $2,500 |
Miller S And Adelaide S Gaffney Foundation Elmira, NY PURPOSE: GENERAL | $2,000 |
Cruz Family Foundation Inc New York, NY PURPOSE: UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Lyrasis Atlanta, GA | $57,303,144 | $78,536,382 |
Robert W Woodruff Library Of The Atlanta University Center Inc Atlanta, GA | $36,750,621 | $14,706,719 |
Winter Park Library Assn Winter Park, FL | $8,735,050 | $3,165,785 |
Hall County Library System Gainesville, GA | $3,250,117 | $3,142,745 |
Delray Beach Public Library Assn Inc Delray Beach, FL | $12,995,036 | $2,634,464 |
North Shelby Library District A Public Corporation Birmingham, AL | $2,809,920 | $1,559,190 |
Dothan Houston County Library System Dothan, AL | $5,383,085 | $1,651,262 |
Seflin Southeast Florida Library Information Network Inc Boca Raton, FL | $1,306,991 | $1,680,816 |
National Charitable Fund Inc Orlando, FL | $7,860,656 | $1,179,422 |
Neflin Inc Orange Park, FL | $703,549 | $1,301,315 |
Beulah Grove Community Resource Center Inc Augusta, GA | $179,863 | $767,574 |
Johann Fust Library Foundation Inc Boca Grande, FL | $7,279,808 | $834,549 |