Friends Of The Winthrop Public Library
- Assets
- $6.0m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Winthrop, WA
- Founding
- 08/2017
- Data as of
- 12/2021
- EIN
- 82-1525939
Organization Overview
Friends Of The Winthrop Public Library is located in Winthrop, WA. The organization was established in 2017. 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 Winthrop Public 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 12/2021, Friends Of The Winthrop Public Library generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $64.5k during the year ending 12/2021. While expenses have increased by 24.0% per year over the past 3 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
FRIENDS OF THE WINTHROP PUBLIC LIBRARY (FOWL) IS CREATING, FUNDING, AND BUILDING A VIBRANT COMMUNITY HUB THAT WILL BE A PLACE TO GATHER, CONNECT, AND DISCOVER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRIENDS OF THE WINTHROP PUBLIC LIBRARY HAVE RAISED OVER $6.4 MILLION TOWARD THE CONSTRUCTION OF THE NEW LIBRARY. WE HAVE ALSO OVERSEEN THE COMPLETION OF THE ARCHITECTURAL DESIGN OF THE LIBRARY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Honsinger Vice Chair | OfficerTrustee | 4 | $0 |
Harris Clarke Treasurer | OfficerTrustee | 4 | $0 |
Shannon Polson Chair | OfficerTrustee | 10 | $0 |
Craig Seasholes Secretary | OfficerTrustee | 10 | $0 |
Shane Swanson Director | Trustee | 15 | $0 |
Char Alkire Director | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $880,523 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,010,283 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,890,806 |
| Total Program Service Revenue | $0 |
| Investment income | $213 |
| 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 | $1,891,019 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $39,054 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,357 |
| Office expenses | $1,773 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $11,011 |
| All other expenses | $2,501 |
| Total functional expenses | $64,514 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $484,913 |
| Savings and temporary cash investments | $1,041,418 |
| 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 | $4,428,224 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,954,555 |
| 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 | $5,813,260 |
| Net assets with donor restrictions | $141,295 |
| 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 | $5,954,555 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Friends Of The Winthrop Public Library has recieved totaling $369,279.
| Awarding Organization | Amount |
|---|---|
Philadelphia Foundation Philadelphia, PA PURPOSE: WINTHROP PUBLIC LIBRARY | $180,000 |
Community Foundation Of North Central Washington Wenatchee, WA PURPOSE: VARIOUS PURPOSES AS APPROVED BY CFNCW BOARD | $94,929 |
The Seattle Foundation Seattle, WA PURPOSE: NEW LIBRARY CAPITAL CAMPAIGN; WPL CAMPAIGN | $40,500 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CULTURE | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $13,350 |
Community Foundation For Greater Buffalo Inc Buffalo, NY PURPOSE: SUPPORT FOR THE CHILDREN'S AREA | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kitsap Regional Library Foundation Bremerton, WA | $1,516,969 | $938,219 |
Fort Vancouver Regional Library Foundation Vancouver, WA | $8,963,809 | $1,515,476 |
Womens Resource Center Of North Central Washington Wenatchee, WA | $10,488,130 | $1,581,282 |
The Friendship Circle Of Washington Mercer Island, WA | $940,561 | $1,038,130 |
The Aloha Community Library Association Aloha, OR | $542,956 | $702,442 |
Garden Home Community Library Association Portland, OR | $673,265 | $584,500 |
Organic Farm School Formerly Greenbank Farm Management Group Freeland, WA | $477,234 | $509,869 |
Ocean Shores Library Foundation Ocean Shores, WA | $243,534 | $0 |
Crossroads Resource Center Moses Lake, WA | $610,373 | $442,019 |
Clearwater Memorial Public Library Orofino, ID | $684,794 | $257,673 |
Greater Applegate Community Development Corporation Jacksonville, OR | $185,013 | $289,255 |
Meridian Library District Foundation Inc Meridian, ID | $184,757 | $0 |