Breckenridge Library And Fine Arts Foundation

Organization Overview

Breckenridge Library And Fine Arts Foundation is located in Breckenridge, TX. The organization was established in 1983. 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. Breckenridge Library And Fine Arts Foundation 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, Breckenridge Library And Fine Arts Foundation generated $434.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $306.5k during the year ending 12/2021. While expenses have increased by 0.9% per year over the past 4 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 990T Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

OPERATION OF PUBLIC LIBRARY, WHICH IS THE ONLY ONE IN BRECKENRIDGE, TEXAS. THIS INCLUDES AMONG OTHER ACTIVITIES, LOANING OF BOOKS AND E-BOOKS, CHILDREN'S SUMMER READING PROGRAMS, AUDIO-TAPED BOOKS, AND CURRENT NEWSPAPER AND PUBLICATIONS.


FINE ARTS FACILITIES--WHICH INCLUDES, AMONG OTHER ACTIVITIES, TRAVELING EXHIBITS FROM THE SMITHSONION INSTITUTE AND OTHERS, ART WORKSHOPS AND SPECIAL WORKSHOPS FOR CHILDREN, AND PERMANENT DISPLAY OF SCULPTURES, PAINTINGS, AND DOLL COLLECTION.


MUSIC--PROVIDES PROGRAMS FOR ALL SCHOOL CHILDREN AT NO COST IN COOPERATION WITH INDEPENDENT SCHOOL DISTRICTS. ALSO PROVIDED TO THE GENERAL PUBLIC AT NO COST.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $121,300
Interest on Savings $5,387
Dividends & Interest $106,923
Net Rental Income$0
Net Gain on Sale of Assets $108,912
Capital Gain Net Income $108,912
Net ST Capital Gain $1,792
Income Modifications $0
Profit on Inventory Sales $0
Other Income $92,299
Total Revenue $434,821

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Breckenridge Library And Fine Arts Foundation has recieved totaling $5,000.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ARTS, CULTURE & HUMANITIES

$5,000
View Grant Recipient Profile

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