Fulmer Library Fund
- Assets
- $823.9k
- Revenue
- $39.3k
- Investments
- $794.8k
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 04/1974
- Data as of
- 06/2024
- EIN
- 83-6015259
Organization Overview
Fulmer Library Fund is located in Chicago, IL. The organization was established in 1974. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fulmer Library Fund 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 06/2024, Fulmer Library Fund generated $39.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.5%) each year. All expenses for the organization totaled $75.0k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $26,996 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,180 |
| Capital Gain Net Income | $12,180 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $118 |
| Total Revenue | $39,294 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,083 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,400 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $18,193 |
| Contributions, gifts, grants paid | $56,839 |
| Total expenses and disbursements | $75,032 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $29,102 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $823,938 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Fulmer Library Fund has awarded $56,839 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
4-H SCHOLARSHIP FOUNDATION FUND PURPOSE: GENERAL SUPPORT | $500 |
SHERIDAN COUNTY PUBLIC LIBRARY PURPOSE: GENERAL SUPPORT | $56,339 |