Round Top Library Association Inc

Organization Overview

Round Top Library Association Inc is located in Round Top, TX. The organization was established in 1999. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 12/2021, Round Top Library Association Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Round Top 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, Round Top Library Association Inc generated $255.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $175.1k during the year ending 12/2021. While expenses have increased by 4.1% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ROUND TOP FAMILY LIBRARY SHALL BE AN OPEN ACCESSIBLE INSTITUTION PROVIDING INFORMATION THAT ENLIGHTENS AND ENRICHES THE COMMUNITY BY PRESERVING RURAL CULTURE, CHARACTER AND QUALITY OF LIFE IN A CLIMATE THAT ENCOURAGES SELF-EXPRESSION, STIMULATES THE JOY OF READING, CULTIVATES THE APPRECIATION OF BEAUTY AND INSPIRES THE SEARCH FOR KNOWLEDGE. THE LIBRARY SHALL MAKE ITS COLLECTIONS AND FACILITIES ACCESIBLE TO THE COMMUNITY IN ORDER TO SUPPORT THE ENJOYMENT AND EDIFICATION OF ALL AREA CITIZENS REGARDLESS OF AGE, CULTURAL BACKGROUND OR EDUCATION. THE LIBRARY SHALL BE A RESOURCE FOR LOCAL SCHOOLS AND NON-PROFIT ORGANIZATIONS IN ADDITION TO THE GENERAL PUBLIC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO OPERATE A GENERAL LENDING LIBRARY, THE ROUND TOP FAMILY LIBRARY, AND TO PRESENT EDUCATIONAL AND ENRICHMENT ACTIVITIES FOR CHILDREN AND ADULTS. 5,000 HOMES IN FAYETTE, LEE, AND WASHINGTON COUNTIES, TEXAS ARE SERVED. THE LIBRARY SERVES APPROXIMATELY 1,500 PATRONS PER MONTH.


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Board, Officers & Key Employees

Name (title)Compensation
Vicki Larue
Past President
$0
Ed Ellis
President
$0
Sheila Bain
Secretary
$0
Loretta Smith
Vice President
$0
Deborah Kainer
Treasurer
$0
Steve Ditsler
Bybee Foundation Represent
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$35,225
Related organizations$0
Government grants $4,000
All other contributions, gifts, grants, and similar amounts not included above$73,919
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$113,144
Total Program Service Revenue$9,390
Investment income $4,183
Tax Exempt Bond Proceeds $0
Royalties $19
Net Rental Income $0
Net Gain/Loss on Asset Sales $39,758
Net Income from Fundraising Events $72,905
Net Income from Gaming Activities $15,690
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $255,089

Grants Awarded

Over the last fiscal year, Round Top Library Association Inc has awarded $15,300 in support to 3 organizations.

Grant RecipientAmount

SECOND CHANCE EMPORIUM

Org PageRecipient Profile

La Grange, TX

PURPOSE: DISASTER RELEIF FOLLOWING HURRICANE HARVEY.

$5,100

La Grange, TX

PURPOSE: DISASTER RELIEF FOLLOWING HURRICANE HARVEY

$5,100

LA GRANGE AREA DISASTER RELIEF TEAM

Org PageRecipient Profile

La Grange, TX

PURPOSE: DISASTER RELIEF FOLLOWING HURRICANE HARVEY

$5,100
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Round Top Library Association Inc has recieved totaling $23,676.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$23,639
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$37
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$257,944
Earnings$2,278
Ending Balance$260,222

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