Friends Of The Burbank Public Library
- Assets
- $1.2m
- Revenue
- $247.9k
- Investments
- $22.6k
- Employees
- 0
- Location
- Burbank, CA
- Founding
- 02/1982
- Data as of
- 06/2022
- EIN
- 95-3603527
Organization Overview
Friends Of The Burbank Public Library is located in Burbank, CA. The organization was established in 1982. 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 Burbank 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 06/2022, Friends Of The Burbank Public Library generated $247.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $67.3k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO SUPPORT THE OPERATIONS OF THE BURBANK PUBLIC LIBRARY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRIENDS FUNDED PROGRAMMING FOR ALL AGES THROUGHOUT THE YEAR, INCLUDING SUMMER READING. THIS INCLUDES:- PRESCHOOL AND SCHOOL-AGE PROGRAMS, SUCH AS BABY & STORY TIME, BOOK PARTIES, PERFORMERS AND LEGO CLUB, REACHING 23,479 CHILDREN- TEEN PROGRAMS, SUCH AS BOOK CLUBS AND AUTHOR VISITS, REACHING 963 CHILDREN- ADULT PROGRAMS, SUCH AS AUTHOR VISITS, FILM SCREENINGS AND MUSIC PERFORMANCES, REACHING 5,000 PEOPLE
FRIENDS SUPPORTED THE ADDITION OF COPIES OF E-BOOKS AND E-AUDIOBOOKS TO THE LIBRARY'S COLLECTIONS. ADDITIONAL HARD COPY BOOKS WERE ALSO PURCHASED.
FRIENDS SUPPORTED THE ACQUISITION OF EARLY LITERACY AND ADULT LITERACY COMPUTERS AND PRINT MATERIAL USED BY THE LIBRARY IN PROVIDING SERVICES TO ITS CUSTOMERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louise Paziak President | OfficerTrustee | 10 | $0 |
Doris Crutcher Vice President | OfficerTrustee | 5 | $0 |
Donna Lichtman Secretary | OfficerTrustee | 5 | $0 |
Mary Dance Director | Trustee | 5 | $0 |
Tamala Takahashi Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,895 |
| Investment income | $44,419 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $75,623 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $247,937 |
| Statement of Expenses | |
|---|---|
| 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 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 | $8,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,413 |
| Office expenses | $0 |
| 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 | $2,207 |
| Insurance | $2,190 |
| All other expenses | $0 |
| Total functional expenses | $67,320 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,056 |
| Savings and temporary cash investments | $205,902 |
| 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 |
| Investments—publicly traded securities | $934,195 |
| Investments—other securities | $22,631 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,196,239 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $880 |
| 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 | $880 |
| Net assets without donor restrictions | $1,195,359 |
| 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 |
| Total liabilities and net assets/fund balances | $1,195,359 |