Bloomsburg Public Library
- Assets
- $3.5m
- Revenue
- $254.6k
- Investments
- $0.0
- Employees
- 12
- Location
- Bloomsburg, PA
- Founding
- 01/1965
- Data as of
- 12/2022
- EIN
- 24-0820972
Organization Overview
Bloomsburg Public Library is located in Bloomsburg, PA. The organization was established in 1965. As of 12/2022, Bloomsburg Public Library employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bloomsburg Public 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, Bloomsburg Public Library generated $254.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $483.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE MINDS, ENRICH LIVES, AND CELEBRATE COMMUNITY. THE BLOOMSBURG PUBLIC LIBRARY PROVIDES FREE ACCESS TO RESOURCES FOR LIFE-LONG LEARNING AND PERSONAL ENTERTAINMENT, AS WELL AS PROVIDING ACCESS TO THE INTERNET WITH FREE PUBLIC COMPUTERS AND A MOBILE HOTSPOT LENDING PROGRAM. THE LIBRARY OFFERS FREE HANDS-ON LITERACY BASED PROGRAMS FOR CHILDREN, ADULTS, AND FAMILIES. THE LIBRARY HAS FREE RESOURCES FOR JOB-SEEKERS AND STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A PUBLIC LIBRARY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia Schultz President | OfficerTrustee | 1 | $0 |
Daniel Lynn Vice President | OfficerTrustee | 1 | $0 |
Nicole Stewart Secretary | OfficerTrustee | 1 | $0 |
Aidan Mcdonald Treasurer | OfficerTrustee | 1 | $0 |
Christopher Armstrong Director | Trustee | 1 | $0 |
Michelle Hintz Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $13,804 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $213,835 |
| All other contributions, gifts, grants, and similar amounts not included above | $75,210 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $302,849 |
| Total Program Service Revenue | $4,390 |
| Investment income | $80,833 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $15,339 |
| Net Gain/Loss on Asset Sales | -$182,388 |
| Net Income from Fundraising Events | $8,508 |
| Net Income from Gaming Activities | $10,272 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $254,599 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $57,074 |
| Compensation of current officers, directors, key employees. | $53,079 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $110,363 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,243 |
| Payroll taxes | $13,090 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,020 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $29,378 |
| Fees for services: Other | $1,583 |
| Advertising and promotion | $0 |
| Office expenses | $9,445 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $88,292 |
| Travel | $561 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $66,409 |
| Insurance | $8,444 |
| All other expenses | $4,597 |
| Total functional expenses | $483,693 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,020 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $529,653 |
| Investments—publicly traded securities | $2,409,833 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $523,727 |
| Total assets | $3,500,233 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $134,549 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $134,549 |
| Net assets without donor restrictions | $2,887,835 |
| Net assets with donor restrictions | $477,849 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,500,233 |