Friends Of The Berryville Library Inc
- Assets
- $291.9k
- Revenue
- $234.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Berryville, AR
- Founding
- Data as of
- 12/2021
- EIN
- 84-4478621
Organization Overview
Friends Of The Berryville Library Inc is located in Berryville, AR. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Berryville Library 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 12/2021, Friends Of The Berryville Library Inc generated $234.6k in total revenue. All expenses for the organization totaled $8.8k during the year ending 12/2021. While expenses have increased by 7.8% per year over the past 2 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
THE PURPOSES OF THIS ORGANIZATION SHALL BE:1.TO MAINTAIN AN ASSOCIATION OF PERSONS INTERESTED IN PROMOTING THE BERRYVILLE LIBRARY AS A VIABLE AND VALUABLE INSTITUTION IN THE COMMUNITY; 2.TO SUPPORT AND COOPERATE WITH BERRYVILLE LIBRARY STAFF IN DEVELOPING LIBRARY SERVICES AND FACILITIES FOR THE COMMUNITY; 3.TO FOCUS PUBLIC ATTENTION ON LIBRARY SERVICES, FACILITIES, AND NEEDS, AND TO STIMULATE GIFTS OF MATERIALS AND FUNDS; AND 4.TO WORK TOWARD INCREASING A LONG-TERM FINANCIAL BASE FOR THE BERRYVILLE LIBRARY'S FUTURE NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT AND COOPERATE WITH BERRYVILLE LIBRARY STAFF IN DEVELOPING LIBRARY SERVICES AND FACILITIES FOR THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Calvin Cleaver President | Officer | $0 | |
Karen Johnson Treasurer | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,430 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $226,941 |
| Noncash contributions included in lines 1a–1f | $29,824 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $234,371 |
| Total Program Service Revenue | $0 |
| Investment income | $214 |
| 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 | $234,585 |
| 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 | $165 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $2,513 |
| 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 | $0 |
| All other expenses | $6,124 |
| Total functional expenses | $8,802 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,304 |
| Savings and temporary cash investments | $223,957 |
| 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 | $29,589 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $291,850 |
| 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 | $291,850 |
| 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 | $291,850 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Friends Of The Berryville Library Inc has recieved totaling $25,084.
| Awarding Organization | Amount |
|---|---|
Arvest Foundation Bentonville, AR PURPOSE: TO SUPPORT BUILDING OF THE NEW BERRYVILLE PUBLIC LIBRARY. | $25,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $84 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fort Worth Art Association Endowment Foundation Fort Worth, TX | $167,745,649 | $12,496,724 |
Oklahoma City National Memorial Foundation Oklahoma City, OK | $43,932,179 | $4,892,726 |
The Hobby Center Foundation Houston, TX | $78,248,185 | $8,249,942 |
Friends Of Oeta Inc Oklahoma City, OK | $52,803,812 | $14,188,991 |
Admiral Nimitz Foundation Fredericksburg, TX | $24,328,747 | $7,231,861 |
St Louis Art Museum Foundation St Louis, MO | $296,394,608 | $22,752,701 |
Foundation For Excellence In Louisiana Public Broadcasting Baton Rouge, LA | $50,029,430 | $8,763,063 |
Memphis Brooks Museum Of Art Inc Memphis, TN | $44,232,792 | $7,821,496 |
Houston Symphony Endowment Houston, TX | $87,456,110 | $3,071,634 |
Houston Grand Opera Endowment Inc Houston, TX | $94,842,059 | $24,478,386 |
Centennial Park Conservancy Nashville, TN | $5,267,235 | $2,768,009 |
Science Museum Oklahoma Affiliated Fund Of Occf Inc Oklahoma City, OK | $67,323,215 | $1,438,504 |