Friends Of The Medford Public Library Inc
- Assets
- $72.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Medford, MA
- Founding
- 08/1991
- Data as of
- 12/2021
- EIN
- 04-3107969
Organization Overview
Friends Of The Medford Public Library Inc is located in Medford, MA. The organization was established in 1991. According to its NTEE Classification (B70) the organization is classified as: Libraries, 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 Medford Public 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 Medford Public Library Inc generated $32.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $24.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leilani Germain President | 3 | $0 | |
Sarah Florenz Vice President | 3 | $0 | |
Julia Hendrix Recording Secretary | 2 | $0 | |
Tamar Siegel Director | 4 | $0 | |
Jan Nicholson Director | 3 | $0 | |
Gloria Mcdevitt Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,833 |
| Total Program Service Revenue | $0 |
| Membership dues | $7,224 |
| Investment income | $409 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,458 |
| Other Revenue | $0 |
| Total Revenue | $31,953 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $269 |
| Other expenses | $2,638 |
| Total expenses | $24,340 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $72,908 |
| Other assets | $0 |
| Total assets | $72,908 |
| Total liabilities | $0 |
| Net assets or fund balances | $72,908 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Friends Of The Medford Public Library Inc has recieved totaling $460.
| Awarding Organization | Amount |
|---|---|
American Tower Charitable Foundation Inc Boston, MA PURPOSE: GENERAL PURPOSE | $200 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $188 |
Analog Devices Foundation Boston, MA PURPOSE: GENERAL SUPPORT | $72 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Proprietors Of The Boston Athenaeum Boston, MA | $130,203,809 | $11,281,803 |
Nassau Library System Uniondale, NY | $13,078,101 | $10,576,238 |
Publishers International Linking Association Inc Lynnfield, MA | $16,437,833 | $11,352,834 |
Springfield Museums Corporation Springfield, MA | $83,263,430 | $9,886,411 |
Providence Public Library Providence, RI | $36,987,936 | $6,478,555 |
Westchester Library System Elmsford, NY | $6,787,041 | $7,508,558 |
American Antiquarian Society Worcester, MA | $122,268,688 | $9,559,298 |
John Fitzgerald Kennedy Library Foundation Incorporated Boston, MA | $64,242,661 | $9,493,249 |
Providence Community Library Providence, RI | $3,536,568 | $6,105,940 |
Emma S Clark Memorial Library Association Setauket, NY | $12,307,300 | $6,439,716 |
Proprietors Of The Social Law Library Boston, MA | $11,132,474 | $6,079,847 |
New City Library New City, NY | $17,574,056 | $6,151,626 |