National First Ladies Library
- Assets
- $3.2m
- Revenue
- $542.4k
- Investments
- $0.0
- Employees
- 6
- Location
- Canton, OH
- Founding
- 01/1998
- Data as of
- 09/2021
- EIN
- 31-1576332
Organization Overview
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 09/2021, National First Ladies Library employed 6 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 09/2021, National First Ladies Library generated $542.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.8%) each year. All expenses for the organization totaled $497.6k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (12.0%) per year over the past 6 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
2021
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. LEGACY LECTURES WITH MULTIPLE SPEAKERS WERE ADDED.
RESEARCH LIBRARY & WEBSITE - EXPAND AND UPDATE BIOGRAPHIES AND BIBLIOGRAPHIES, WHICH ARE ACCESSIBLE TO THE PUBLIC.
GIFT SHOP - SALE OF RELATED PURPOSE ITEMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Highfield President & | Officer | 45 | $100,000 |
Barbara Abbott Secretary | OfficerTrustee | 1 | $0 |
Linda Dehoff Board Vice P | OfficerTrustee | 1 | $0 |
Jacqueline Musacchia Board Presid | OfficerTrustee | 1 | $0 |
Pat Quick Treasurer | OfficerTrustee | 1 | $0 |
Karen Gillmor Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $100 |
| Fundraising events | $18,788 |
| Related organizations | $0 |
| Government grants | $395,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $106,434 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $520,322 |
| Total Program Service Revenue | $10,194 |
| Investment income | $10,584 |
| 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 | $1,335 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $542,435 |
| 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. | $100,000 |
| Compensation of current officers, directors, key employees. | $76,423 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $164,156 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $30,340 |
| Payroll taxes | $23,881 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,567 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,827 |
| Fees for services: Other | $0 |
| Advertising and promotion | $26,936 |
| Office expenses | $728 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,435 |
| 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 | $14,185 |
| Insurance | $34,907 |
| All other expenses | $30,095 |
| Total functional expenses | $497,591 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $444,808 |
| 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 | $94,249 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $575,280 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,095,136 |
| Total assets | $3,209,473 |
| Accounts payable and accrued expenses | $42,237 |
| 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 | $42,237 |
| Net assets without donor restrictions | $3,154,646 |
| 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 | $3,209,473 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that National First Ladies Library has recieved totaling $10.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
C H Robinson Worldwide Foundation Sioux Falls, SD PURPOSE: GENERAL OPERATING FUND | $5 |
Endowment Analysis
| Beg. Balance | $1,435,836 |
| Earnings | $381,048 |
| Admin Expense | $12,827 |
| Ending Balance | $1,804,057 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Carnegie Library Of Pittsburgh Pittsburgh, PA | $129,763,715 | $43,541,952 |
Ann Arbor District Library Ann Arbor, MI | $42,776,591 | $18,573,402 |
Reuben Mcmillan Free Library Association Youngstown, OH | $89,698,038 | $21,065,303 |
Allegheny County Library Assoc Pittsburgh, PA | $1,615,297 | $12,970,956 |
Greene County Public Library Xenia, OH | $9,776,484 | $13,108,130 |
Lake County Public Library Merrillville, IN | $39,933,908 | $12,781,082 |
The Free Library Of Philadelphia Philadelphia, PA | $55,485,474 | $14,690,366 |
Elyria Public Library Elyria, OH | $12,392,667 | $6,063,469 |
Bucks County Free Library Doylestown, PA | $22,091,549 | $9,285,989 |
Science History Institute Support Company Philadelphia, PA | $170,290,036 | $11,212,295 |
Ohionet Westerville, OH | $9,473,014 | $8,653,205 |
Dauphin County Library System Harrisburg, PA | $25,002,394 | $9,527,130 |