Friends Of The Chattanooga Public Library
- Assets
- $97.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Chattanooga, TN
- Founding
- 08/1965
- Data as of
- 12/2021
- EIN
- 62-6050405
Organization Overview
Friends Of The Chattanooga Public Library is located in Chattanooga, TN. The organization was established in 1965. As of 12/2021, Friends Of The Chattanooga Public Library employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Chattanooga Public 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 12/2021, Friends Of The Chattanooga Public Library generated $114.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $103.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
PROVIDED FUNDING FOR LIBRARY SPECIAL PROJECTS INCLUDING STAFF DEVELOPMENT, PURCHASE OF LIBRARY EQUIPMENT AND MATERIALS, SUPPORT FOR LIBRARY PROGRAMS, AND RENOVATION OF LIBRARY SPACES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Najjar Chair | 4 | $0 | |
Meg Beene Vice Chair | 4 | $0 | |
Alexander Hooper Treasurer | 4 | $0 | |
Sush Shanta Director | 1 | $0 | |
Sharon Law Director | 1 | $0 | |
Alexis Willis Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,420 |
| Total Program Service Revenue | $48,005 |
| Membership dues | $452 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $114,887 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $28,079 |
| Professional fees and other payments to independent contractors | $300 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $8,707 |
| Other expenses | $23,546 |
| Total expenses | $103,284 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $97,349 |
| Other assets | $0 |
| Total assets | $97,349 |
| Total liabilities | $1,981 |
| Net assets or fund balances | $95,368 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Friends Of The Chattanooga Public Library has recieved totaling $5,263.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Greater Chattanooga Inc Chattanooga, TN PURPOSE: UNRESTRICTED | $5,188 |
Ge Foundation Norwalk, CT PURPOSE: MATCHING GIFTS | $75 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lexington Public Library Lexington, KY | $48,466,600 | $19,057,212 |
Montgomery City-County Public Library Montgomery, AL | $626,886 | $5,061,804 |
Fort Smith Public Library Fort Smith, AR | $2,977,372 | $3,424,796 |
Northwestern Regional Library Elkin, NC | $2,333,593 | $2,751,748 |
Rockingham Library Association Harrisonburg, VA | $9,275,406 | $2,755,751 |
Johnson City Public Library Johnson City, TN | $2,269,696 | $2,425,366 |
Danville Library Inc Danville, KY | $6,580,525 | $1,263,979 |
Northwest Georgia Regional Library Dalton, GA | $1,061,647 | $2,297,011 |
Public Library Of Johnston County And Smithfield Smithfield, NC | $1,928,759 | $1,465,964 |
Samuels Library Inc Front Royal, VA | $1,258,942 | $1,396,617 |
Jefferson County Library Cooperative Inc Birmingham, AL | $1,409,594 | $1,323,807 |
Smyth County Public Library Marion, VA | $606,051 | $1,163,430 |