Friends Of Laguna Beach Library is located in Laguna Beach, CA. The organization was established in 1981. 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 Laguna Beach 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 06/2023, Friends Of Laguna Beach Library generated $61.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $39.7k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PURCHASE BOOKS FOR THE PUBLIC LIBRARY.TO SUPPORT CHILDREN'S AND ADULT READING PROGRAMS. TO UNDERWRITE COSTS OF KEEPING THE LIBRARY OPEN SIX DAYS PER WEEK. ALL FUNDS RECEIVED GO TO BENEFIT THE LAGUNA BEACH BRANCH LIBRARY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Martha Lydick Past-President | 1 | $0 | |
Sandra Hovanisian Director | 1 | $0 | |
Angela Irish Secretary | 1 | $0 | |
Howard Pink Director | 1 | $0 | |
Karyn Phillippsen President | 1 | $0 | |
Karl Koski Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $25,415 |
Total Program Service Revenue | $9,000 |
Membership dues | $0 |
Investment income | $357 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $61,698 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $400 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $701 |
Other expenses | $38,581 |
Total expenses | $39,682 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $246,417 |
Other assets | $0 |
Total assets | $246,417 |
Total liabilities | $0 |
Net assets or fund balances | $246,417 |