National First Ladies Library is located in Canton, OH. The organization was established in 1998. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 09/2023, National First Ladies Library employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National First Ladies 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 09/2023, National First Ladies Library generated $607.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $507.5k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (8.9%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE THE PUBLIC ABOUT THE CONTRIBUTIONS OF AMERICA'S FIRST LADIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSEUM ARCHIVES & EXHIBITS - EDUCATE THE PUBLIC ABOUT THE ROLE OF AMERICA'S FIRST LADIES BY COLLECTING, HOUSING AND EXHIBITING ITEMS OF HISTORICAL SIGNIFICANCE AND CREATING THEMATIC DISPLAYS.
EDUCATIONAL PROGRAMMING - EDUCATIONAL PROGRAMMING FOR BOTH THE GENERAL PUBLIC AND SCHOOLS.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Jennifer Highfield Prior Presid | Officer | 45 | $77,029 | 
| Barbara Abbot Secretary | OfficerTrustee | 1 | $0 | 
| Ann Womer Benjamin Board Member | Trustee | 1 | $0 | 
| William Blair Board Member | Trustee | 1 | $0 | 
| Allyson Bussey Board Member | Trustee | 1 | $0 | 
| Linda Dehoff Board Vice P | OfficerTrustee | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 | 
| Membership dues | $50 | 
| Fundraising events | $0 | 
| Related organizations | $0 | 
| Government grants | $418,211 | 
| All other contributions, gifts, grants, and similar amounts not included above | $131,756 | 
| Noncash contributions included in lines 1a–1f | $31,861 | 
| Total Revenue from Contributions, Gifts, Grants & Similar | $550,017 | 
| Total Program Service Revenue | $29,744 | 
| Investment income | $98 | 
| 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 | $27,464 | 
| Miscellaneous Revenue | $0 | 
| Total Revenue | $607,323 | 
| 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. | $77,029 | 
| Compensation of current officers, directors, key employees. | $56,837 | 
| Compensation to disqualified persons | $0 | 
| Other salaries and wages | $133,518 | 
| Pension plan accruals and contributions | $0 | 
| Other employee benefits | $15,969 | 
| Payroll taxes | $18,218 | 
| Fees for services: Management | $0 | 
| Fees for services: Legal | $75 | 
| Fees for services: Accounting | $10,530 | 
| Fees for services: Lobbying | $0 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $0 | 
| Fees for services: Other | $0 | 
| Advertising and promotion | $27,096 | 
| Office expenses | $2,549 | 
| Information technology | $0 | 
| Royalties | $0 | 
| Occupancy | $31,366 | 
| Travel | $12,167 | 
| 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 | $14,109 | 
| Insurance | $28,468 | 
| All other expenses | $52,056 | 
| Total functional expenses | $507,546 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $437,172 | 
| Savings and temporary cash investments | $0 | 
| Pledges and grants receivable | $12,500 | 
| 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 | $97,439 | 
| Prepaid expenses and deferred charges | $0 | 
| Net Land, buildings, and equipment | $610,383 | 
| Investments—publicly traded securities | $0 | 
| Investments—other securities | $0 | 
| Investments—program-related | $0 | 
| Intangible assets | $0 | 
| Other assets | $2,006,764 | 
| Total assets | $3,164,258 | 
| Accounts payable and accrued expenses | $56,807 | 
| Grants payable | $0 | 
| Deferred revenue | $0 | 
| 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 | $56,807 | 
| Net assets without donor restrictions | $3,094,861 | 
| Net assets with donor restrictions | $12,590 | 
| 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 | $3,164,258 |