Rancho Mirage Library And Observatory Foundation

Organization Overview

Rancho Mirage Library And Observatory Foundation is located in Rancho Mirage, CA. The organization was established in 2011. 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. Rancho Mirage Library And Observatory Foundation 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 06/2022, Rancho Mirage Library And Observatory Foundation generated $503.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $337.5k during the year ending 06/2022. While expenses have increased by 3.2% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO FUND-RAISE FOR SUPPLEMENTAL FUNDING FOR RANCHO MIRAGE LIBRARY & OBSERVATORY FOUNDATION PROGRAMS AND COLLECTIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED SUPPLEMENTAL FUNDING FOR RANCHO MIRAGE LIBRARY & OBSERVATORY FOUNDATION PROGRAMS AND COLLECTIONS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$462,490
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$462,490
Total Program Service Revenue$0
Investment income $41,288
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $503,778

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Rancho Mirage Library And Observatory Foundation has recieved totaling $75,000.

Awarding OrganizationAmount
Richard Brooke Foundation

Omaha, NE

PURPOSE: CHILDREN'S THEATER PROGRAM

$75,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$519,566
Ending Balance$519,566

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