Arlington Libraries Foundation Inc
- Assets
- $361.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, MA
- Founding
- 03/2013
- Data as of
- 06/2024
- EIN
- 20-4090359
Organization Overview
Arlington Libraries Foundation Inc is located in Arlington, MA. The organization was established in 2013. 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. Arlington Libraries Foundation 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 06/2024, Arlington Libraries Foundation Inc generated $161.2k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $118.5k during the year ending 06/2024. While expenses have increased by 7.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Program Activity:
Part 3
FUNDRAISING AND OTHER ACTIVITIES TO SUPPORT LIBRARY NEEDS AND MATERIALS PURCHASING FORTHE ARLINGTON, MA PUBLIC LIBRARIES.
FUNDRAISING AND OTHER ACTIVITIES TO SUPPORT LIBRARY NEEDS AND MATERIALS PURCHASING FORTHE ARLINGTON, MA PUBLIC LIBRARIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Hanlon Board Chair | 1 | $0 | |
Jeffrey Miller Treasurer | 4 | $0 | |
Marian Hanley Acting Secretary | 1 | $0 | |
Jb Maxwell Board Member | 1 | $0 | |
Alham Saadat Board Member | 1 | $0 | |
Annette Valdez Dimaggio Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $148,688 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $12,658 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$187 |
| Other Revenue | $0 |
| Total Revenue | $161,159 |
| 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 | $1,125 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $26,485 |
| Total expenses | $118,465 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $361,524 |
| Other assets | $0 |
| Total assets | $361,524 |
| Total liabilities | $0 |
| Net assets or fund balances | $361,524 |