Friends Of The Belmont Public Library Incorporated
- Assets
- $187.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Belmont, MA
- Founding
- 01/1995
- Data as of
- 08/2022
- EIN
- 22-3113684
Organization Overview
Friends Of The Belmont Public Library Incorporated is located in Belmont, MA. The organization was established in 1995. 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 Belmont Public Library Incorporated 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 08/2022, Friends Of The Belmont Public Library Incorporated generated $80.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $47.6k during the year ending 08/2022. 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 |
|---|---|---|---|
Susan Black Director At Large | 5 | $0 | |
Colleen Bolton Director At Large | 5 | $0 | |
Emily Bowman Director At Large | 5 | $0 | |
Max Colice Director At Large | 5 | $0 | |
Nancy Dignan Director At Large | 5 | $0 | |
Diane Coulopoulos Director At Large | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,375 |
| Total Program Service Revenue | $0 |
| Membership dues | $18,883 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $80,593 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $36,950 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,610 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,039 |
| Total expenses | $47,599 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $184,491 |
| Other assets | $0 |
| Total assets | $187,641 |
| Total liabilities | $137 |
| Net assets or fund balances | $187,504 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Friends Of The Belmont Public Library Incorporated has recieved totaling $193.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $78 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $75 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $40 |
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 |