Friends Of The Livingston-Park County Library
- Assets
- $165.7k
- Revenue
- $77.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Livingston, MT
- Founding
- 04/1999
- Data as of
- 12/2022
- EIN
- 81-0515227
Organization Overview
Friends Of The Livingston-Park County Library is located in Livingston, MT. The organization was established in 1999. 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. Friends Of The Livingston-Park County Library 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 12/2022, Friends Of The Livingston-Park County Library generated $77.1k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $68.4k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO RAISE FUNDS FOR THE LOCAL PUBLIC LIBRARY IN LIVINGSTON MONTANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION RAISES FUNDS TO SUPPORT THE LOCAL/COUNTY PUBLIC LIBRARY. THE LIBRARY'S PRIMARY FUNDING/OPERATING EXPENSES SOURCE IS FROM THE COUNTY AND CITY GOVERNMENTS. IN 2000-2005 THE FRIENDS OF THE LIBRARY RAISED 1.8 MILLION DOLLARS FROM THE COMMUNITY FOR A MUCH NEEDED ADDITION TO THE LIBRARY. THE FRIENDS OF THE LIBRARY GENERALLY HOLDS AN ANNUAL FUNDRAISER DINNER. THE ORGANIZATION HOLDS SEVERAL USED BOOK SALES EACH YEAR. FUNDS RAISED ARE USED TO SUPPORT LIBRARY PROGRAMS, PURCHASE BOOKS, SUPPORT A BOOKMOBILE WHICH TRAVELS TO MORE REMOTE AREAS IN THIS LARGE AND RURAL COUNTY, AND FUND NEW TECHNICAL EQUIPMENT, SOFTWARE, UPGRADES, AND REPLACEMENTS. BOOKS DONATED ARE SOLD AT THE CIRCULATION DESK (A MINI-BOOKSALE)WHICH FUND PURCHASES OF BOOKS, MAGAZINES, AND MEDIA.
IN 2021 THE FRIENDS OF THE LIBRARY RAISED APPROXIMATLEY 45,000 TO RENOVATE THE CHILDREN AND YOUNG PEOPLES SECTION OF THE LIBRARY. THE MONEY WAS RAISED BY A SOLICITATION LETTER. A COMMUNITY-WIDE FUNDRAISER CALLED "GIVE-A- HOOT" RAISED ADDITIONAL FUNDS FOR THE RENOVATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Clark President | Officer | 2 | $0 |
Milla Cummins Secretary | Officer | 2 | $0 |
Priscilla Dysart Treasurer | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $75,979 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,979 |
| Total Program Service Revenue | $0 |
| Investment income | $1,073 |
| 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 | $77,052 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $395 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,895 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $716 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $739 |
| All other expenses | $41 |
| Total functional expenses | $68,357 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $93,926 |
| Savings and temporary cash investments | $71,812 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $165,738 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $165,738 |
| Net assets with donor restrictions | $0 |
| 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 | $165,738 |