The Friends Of The Holderness Free Library is located in Holderness, NH. The organization was established in 1990. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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 Holderness Free 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 12/2022, Friends Of The Holderness Free Library generated $23.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $27.2k during the year ending 12/2022. 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
TO SUPPORT THE LIBRARY BY FUNDRAISING TO SUPPLEMENT PROGRAMMING, CIRCULATION MATERIALS AND THE MISCELLANEOUS NEEDS OF THE LIBRARY BEYOND IT'S OPERATING BUDGET
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andy Eaton Member | 0.25 | $0 | |
Phyllis Grandbois Secretary | 4.5 | $0 | |
Jannine P Sutcliffe Treasurer | 4.5 | $0 | |
Alice Oconnor Member | 0.25 | $0 | |
Lish Marino Member | 0.25 | $0 | |
Katherine L Weymouth President | 4.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,207 |
| Total Program Service Revenue | $13 |
| Membership dues | $0 |
| Investment income | $8,056 |
| Gain or Loss | $3,839 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $23,115 |
| 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 | $505 |
| Occupancy, rent, utilities, and maintenance | $7,143 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,541 |
| Total expenses | $27,189 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $317,127 |
| Other assets | $0 |
| Total assets | $317,127 |
| Total liabilities | $0 |
| Net assets or fund balances | $317,127 |