Mcgregor Library Association Inc
- Assets
- $334.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mc Gregor, TX
- Founding
- 12/1986
- Data as of
- 12/2021
- EIN
- 74-2419395
Organization Overview
Mcgregor Library Association Inc is located in Mc Gregor, TX. The organization was established in 1986. 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. Mcgregor Library Association 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 12/2021, Mcgregor Library Association Inc generated $99.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $77.0k during the year ending 12/2021. While expenses have increased by 8.3% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heidi Foster Director Board Secretary | 0.1 | $0 | |
Melissa Houchin Director | 0.1 | $0 | |
Melisa Hudson Director Board Treasurer | 1.25 | $0 | |
M Catehrine Williams Director | 0.1 | $0 | |
Barbara Turner Director | 0.1 | $0 | |
Teresa Sneed Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,110 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,509 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $99,619 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $16,793 |
| Professional fees and other payments to independent contractors | $1,901 |
| Occupancy, rent, utilities, and maintenance | $43,677 |
| Printing, publications, postage, and shipping | $828 |
| Other expenses | $13,807 |
| Total expenses | $77,006 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $334,296 |
| Other assets | $0 |
| Total assets | $334,296 |
| Total liabilities | $0 |
| Net assets or fund balances | $334,296 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Houston Academy Of Medicine Houston, TX | $57,192,263 | $9,726,228 |
Rosenberg Library Association Galveston, TX | $38,547,435 | $5,322,146 |
Texas Rangers Baseball Foundation Arlington, TX | $31,952,885 | $4,231,744 |
Texas Library Association Austin, TX | $3,885,906 | $2,023,532 |
Nicholas P Sims Library And Lyceum Waxahachie, TX | $6,016,321 | $1,456,902 |
T L L Temple Memorial Library & Archives Diboll, TX | $4,162,289 | $853,055 |
Jal Public Library Fund Jal, NM | $27,094,564 | $3,040,405 |
Mid-Continent Geological Library Inc Edmond, OK | $1,595,859 | $293,509 |
Bexar County Medical Library Association San Antonio, TX | $5,494,674 | $707,549 |
Baxter County Public Library Foundation Mountain Home, AR | $16,285,852 | $1,717,999 |
American Genre Film Archive Austin, TX | $685,865 | $713,340 |
El Progreso Library Uvalde, TX | $3,587,670 | $688,861 |