Jefferson Library & Museum Assn
- Assets
- $644.7k
- Revenue
- $144.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Jefferson, TX
- Founding
- 08/1961
- Data as of
- 12/2021
- EIN
- 75-6036534
Organization Overview
Jefferson Library & Museum Assn is located in Jefferson, TX. The organization was established in 1961. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 12/2021, Jefferson Library & Museum Assn employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jefferson Library & Museum Assn 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, Jefferson Library & Museum Assn generated $144.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $129.0k during the year ending 12/2021. While expenses have increased by 1.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PUBLIC LIBRARY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FREE LIBRARY SERVICES TO A RURAL COUNTY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Otstott President/treas | OfficerTrustee | 1 | $0 |
Francene Deprez Secretary | OfficerTrustee | 1 | $0 |
Colleen Taylor Director | Trustee | 1 | $0 |
Leah Cooper Director | Trustee | 1 | $0 |
Sharon Goolsby Director | Trustee | 1 | $0 |
Becky Deware Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $55,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $86,410 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $141,910 |
| Total Program Service Revenue | $1,950 |
| Investment income | $282 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $144,142 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $61,800 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,728 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,275 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,095 |
| Office expenses | $443 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $35,911 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,853 |
| Insurance | $4,538 |
| All other expenses | $31 |
| Total functional expenses | $128,974 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $156,775 |
| Savings and temporary cash investments | $63,133 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $405,758 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,001 |
| Total assets | $644,667 |
| Accounts payable and accrued expenses | $31 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $31 |
| Net assets without donor restrictions | $642,022 |
| Net assets with donor restrictions | $2,614 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $644,667 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Jefferson Library & Museum Assn has recieved totaling $7,000.
| Awarding Organization | Amount |
|---|---|
East Texas Communties Foundation Inc Tyler, TX PURPOSE: Purchase of Equipment | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
George W Bush Foundation Dallas, TX | $628,846,419 | $37,657,859 |
Pioneer Library System Norman, OK | $5,931,448 | $15,507,691 |
Amigos Library Services Addison, TX | $13,779,793 | $13,572,299 |
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 |