Madill-Marshall County Library Endowment Trust
- Assets
- $38.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madill, OK
- Founding
- 02/1993
- Data as of
- 12/2022
- EIN
- 73-1398370
Organization Overview
Madill-Marshall County Library Endowment Trust is located in Madill, OK. The organization was established in 1993. 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. Madill-Marshall County Library Endowment Trust 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, Madill-Marshall County Library Endowment Trust generated $2.8k 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 (8.4%) each year. All expenses for the organization totaled $2.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
BOOKS ARE PURCHASED FOR THE LIBRARY. THERE ARE APPROXIMATELY 8,000 PERSONS HOLDING LIBRARY CARDS. THE LIBRARY HAS PROGRAMS FOR CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Wellman President | 1 | $0 | |
Wynne Stowers Vice-President | 1 | $0 | |
Shirly Harkins Secretary | 1 | $0 | |
Katherine M Wright Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,281 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $504 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $2,785 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,247 |
| Other expenses | $0 |
| Total expenses | $2,247 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,779 |
| Other assets | $0 |
| Total assets | $38,779 |
| Total liabilities | $0 |
| Net assets or fund balances | $38,779 |