Decatur Library Foundation

Organization Overview

Decatur Library Foundation is located in Decatur, TX. The organization was established in 2002. 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. Decatur Library 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 12/2023, Decatur Library Foundation generated $225.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (37.8%) each year. All expenses for the organization totaled $173.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE OF THE FOUNDATION IS TO ENHANCE THE DECATUR PUBLIC LIBRARY BY PURSUING AND ACCEPTING GIFTS, GRANTS, AND ENDOWMENTS CONSISTENT WITH ITS DESIGNATION UNDER THE INTERNAL REVENUE CODE AS A 501(C)(3) ORGANIZATION, TO BENEFIT LIBRARY SERVICE IN THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROGRAMS PROVIDED BY THE FOUNDATION TO PROMOTE AND ENCOURAGE READING BY CHILDREN IN WISE COUNTY, TEXAS.


OTHER SUPPORT SERVICES NEEDED TO ENHANCE THE DECATUR LIBRARY.


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Board, Officers & Key Employees

Name (title)Compensation
Dawn Wilbert
Library Dire
$0
Dixie Range
President
$0
Lisa Romine
Vice Preside
$0
Trumanell Maples
Treasurer
$0
Jennifer Featherston
Secretary
$0
Chuck Heaberlin
Emeritus
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$50
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$179,977
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$180,027
Total Program Service Revenue$7,040
Investment income $39,297
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$613
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $225,751

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