Thousand Oaks Library Foundation
- Assets
- $304.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Thousand Oaks, CA
- Founding
- 10/1983
- Data as of
- 12/2022
- EIN
- 95-3855593
Organization Overview
Thousand Oaks Library Foundation is located in Thousand Oaks, CA. The organization was established in 1983. As of 12/2022, Thousand Oaks Library Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thousand Oaks Library Foundation 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 12/2022, Thousand Oaks Library Foundation generated $29.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (16.1%) each year. All expenses for the organization totaled $70.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.8%) per year over the past 8 years. 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
2022
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION HELPS TO IMPROVE THIS LIBRARY'S SERVICE TO THE GENERAL PUBLIC. ONE SERVICE IS TO PROVIDE DVDS, AND OTHER EDUCATIONAL ITEMS AND SERVICES TO THOSE USING THE LIBRARY. THE FOUNDATION ALSO PROVIDES PROGRAMS FOR THE "ONE CITY ONE BOOK" CITY WIDE PROGRAM. MAINTAIN, PRESERVE, AND PERPETUATE MATERIALS FOR THE AMERICAN RADIO ARCHIVES. THIS IS A COLLECTION OF RADIO LIBRARY MATERIALS AND HISTORICAL DOCUMENTS. THE FOUNDATION RECEIVES CONTRIBUTED RENTAL INCOME SO THAT IT MAY STORE AND PRESERVE THESE MATERIALS FOR THE ARCHIVES. NO RENTAL INCOME RECEIVED DURING 2022. PURCHASE OF SUPPLEMENTARY MATERIAL FOR THE THOUSAND OAKS LIBRARY SO THAT THE LIBRARY MAY PROVIDE ADDITIONAL SERVICES TO ITS PATRONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anna Katherine Runnion Past President | 2 | $0 | |
David Shain President | 5 | $0 | |
Dianne Mckay Trustee | 3 | $0 | |
Joel Price Trustee | 2 | $0 | |
Eloise Cohen Vice President | 5 | $0 | |
Zareh Marselian Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,885 |
| Total Program Service Revenue | $27,923 |
| Membership dues | $0 |
| Investment income | $63 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $29,871 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,305 |
| Professional fees and other payments to independent contractors | $1,550 |
| Occupancy, rent, utilities, and maintenance | $1 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $60,854 |
| Total expenses | $70,710 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $147,655 |
| Other assets | $0 |
| Total assets | $304,302 |
| Total liabilities | $1,847 |
| Net assets or fund balances | $302,455 |