Friends Of The Loveland Public Library Foundation Inc

Organization Overview

Friends Of The Loveland Public Library Foundation Inc is located in Loveland, CO. The organization was established in 2003. 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. Friends Of The Loveland Public Library Foundation Inc 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, Friends Of The Loveland Public Library Foundation Inc generated $249.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $70.1k 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

SUPPORTS THE LOVELAND PUBLIC LIBRARY'S WORK AS THE INFORMATION CENTER OF THE COMMUNITY BY ADVOCATING FOR THE PUBLIC SUPPORT AND USE OF THE LIBRARY, BY GENERATING CURRENT AND LONG-TERM FUNDING, AND BY DEVELOPING VOLUNTEER INVOLVEMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SPONSORED NUMEROUS PROGRAMS FOR ELEMENTARY YOUTH INCLUDING SUMMER AND WINTER READING PROGRAMS AND AUTHOR AND PERFORMER VISITS TO PROMOTE THE USE OF THE LIBRARY AND LITERACY. PURCHASED EQUIPMENT AND TECHNOLOGY FOR THESE PROGRAMS.


SPONSORED NUMEROUS PROGRAMS FOR TEENS INCLUDING SUMMER READING PROGRAM, TEEN CONFERENCES, AND AUTHOR VISITS TO PROMOTE THE USE OF THE LIBRARY AND LITERACY.


SPONSORED NUMEROUS PROGRAMS FOR ADULTS INCLUDING SPECIAL INTEREST PROGRAMS AND AUTHOR VISITS TO PROMOTE THE USE OF THE LIBRARY AND LITERACY. SUPPORTER DIGITIZATION OF LIBRARY MATERIALS.


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Board, Officers & Key Employees

Name (title)Compensation
Laura Stump
Director
$0
Vanessa Way
Director/asst. Treasurer
$0
Susan Powell
Director
$0
Felicia Korpi
Secretary
$0
Nancy Behney
Director
$0
Cathy Tauchen
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$15,520
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$115,609
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$131,129
Total Program Service Revenue$7,823
Investment income $16,665
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $94,153
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $249,770

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