Friends Of The Manchester Library
- Assets
- $907.5k
- Revenue
- $343.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Manchester, WA
- Founding
- 06/1995
- Data as of
- 12/2021
- EIN
- 91-1654107
Organization Overview
Friends Of The Manchester Library is located in Manchester, WA. The organization was established in 1995. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Manchester 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 Manchester Library generated $343.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 31.3% each year . All expenses for the organization totaled $328.1k during the year ending 12/2021. 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
ENCOURAGE LEARNING IN MANCHESTER BY PROVIDING OPERATING A LIBRARY BUILDING FUNDING LIBRARY PROGRAMS OFFERING COMMUNITY GATHERING AREA
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOML OWNS AND MAINTAINS THE MANCHESTER LIBRARY BUILDING, PROVIDES SPACE FOR LIBRARY SERVICES AND PROGRAMS. LOW COST MEETING SPACE FOR COMMUNITY GROUPS, OPEN 6 DAYS A WEEK, UP TO 300 PEOPLE PER DAY.
FOML FUNDS LIBRARY PROGRAMS IN READING AND SPECIAL TOPICS, SUPPORTS SUMMER OF LEARNING PROGRAM FOR BOTH ADULTS AND CHILDREN, PAYS EXPENSES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Cisney President | Officer | 10 | $0 |
John Winslow Secretary | Officer | 4 | $0 |
Carol Kowalski Vice President | Officer | 2 | $0 |
Theresa L Mcbride Treasurer | Officer | 10 | $0 |
Chuck Williams Director | Trustee | 2 | $0 |
Peggy Rees Director | Trustee | 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 | $308,509 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $308,509 |
| Total Program Service Revenue | $415 |
| Investment income | $6,708 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $27,264 |
| Net Income from Fundraising Events | $30 |
| Net Income from Gaming Activities | $203 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $343,129 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,876 |
| 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 | $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 | $493 |
| Information technology | $104 |
| Royalties | $0 |
| Occupancy | $317,114 |
| 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 | $1,158 |
| All other expenses | $296 |
| Total functional expenses | $328,117 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $115,824 |
| Savings and temporary cash investments | $32,265 |
| 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 | $155,338 |
| Investments—publicly traded securities | $604,028 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $907,455 |
| 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 | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $208,358 |
| Paid-in or capital surplus, or land, building, or equipment fund | $210,295 |
| Retained earnings, endowment, accumulated income, or other funds | $488,802 |
| Total liabilities and net assets/fund balances | $907,455 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Friends Of The Manchester Library has recieved totaling $50,252.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $50,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $252 |
Endowment Analysis
| Beg. Balance | $400,286 |
| Earnings | $88,516 |
| Ending Balance | $488,802 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cedar Mill Community Library Association Of Washington County Portland, OR | $2,777,165 | $5,197,203 |
Community Library Association Inc Ketchum Sun Valley & Triumph Ketchum, ID | $24,030,804 | $4,468,077 |
King County Library System Foundation Issaquah, WA | $10,486,562 | $2,076,061 |
The Corvallis-Benton County Public Library Foundation Inc Corvallis, OR | $2,504,899 | $545,635 |
Friends Of The Manchester Library Manchester, WA | $907,455 | $343,129 |
Bainbridge Public Library Inc Bainbridge Island, WA | $6,117,018 | $388,495 |
Friends Of The Seattle Public Library Seattle, WA | $258,163 | $276,616 |
Friends Of The Eugene Public Library Eugene, OR | $108,266 | $0 |
Douglas County Library Foundation Roseburg, OR | $2,904,390 | $2,131,346 |
Friends Of The Salem Public Library Salem, OR | $120,374 | $0 |
Friends Of Lakewood Library Lakewood, WA | $34,445 | $0 |
Friends Of The Ada County District Library Inc Boise, ID | $45,039 | $0 |