Rockford Public Library
- Assets
- $523.8k
- Revenue
- $91.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Rockford, IL
- Founding
- 11/1990
- Data as of
- 12/2021
- EIN
- 36-3672378
Organization Overview
Rockford Public Library is located in Rockford, IL. The organization was established in 1990. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rockford 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 12/2021, Rockford Public Library generated $91.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 50.8% each year . All expenses for the organization totaled $21.8k during the year ending 12/2021. While expenses have increased by 5.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT THE ROCKFORD PUBLIC LIBRARY
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO THE ROCKFORD PUBLIC LIBRARY
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony Gasparini President | Officer | $0 | |
Christopher Van Sickle Treasurer | Officer | $0 | |
Mary Pat Muzzarelli Secretary | Officer | $0 | |
Janet Moore Officer | Officer | $0 |
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 | $6,290 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,290 |
| Total Program Service Revenue | $0 |
| Investment income | -$10,935 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $66,147 |
| Net Income from Fundraising Events | $29,759 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $91,261 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,035 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,523 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $44 |
| Total functional expenses | $21,809 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,926 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $4,696 |
| 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 | $0 |
| Investments—publicly traded securities | $488,167 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $523,789 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $469,819 |
| Net assets with donor restrictions | $53,970 |
| 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 | $523,789 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Rockford Public Library has recieved totaling $16,710.
| Awarding Organization | Amount |
|---|---|
Puri Foundation Rockford, IL PURPOSE: EDUCATION | $7,500 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $6,100 |
John & Linda Anderson Charitable Foundation Naples, FL PURPOSE: EDUCATION | $1,000 |
Jeffrey R Anderson Charitable Foundation Rockford, IL PURPOSE: EDUCATION | $500 |
Kristin L Anderson Charitable Foundation Rockford, IL PURPOSE: EDUCATION | $500 |
David & Colleen Anderson Charitable Foundation Rockford, IL PURPOSE: EDUCATION | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Edmundson Art Foundation Inc Des Moines, IA | $123,873,821 | $5,221,950 |
Jayne Wrightsman Irr Trust Xxxxx7008 Chicago, IL | $23,809,573 | $29,559,094 |
Kemper Museum Operating Foundation Kansas City, MO | $21,285,156 | $4,170,305 |
Madison Museum Of Contemporary Art Inc Madison, WI | $15,382,994 | $2,302,239 |
Fort Wayne Museum Of Art Inc Fort Wayne, IN | $14,143,825 | $4,976,518 |
Paine Art Center & Gardens Inc Oshkosh, WI | $23,894,891 | $2,871,435 |
Racine Art Museum Association Inc Racine, WI | $13,099,169 | $1,971,714 |
Springfield Art Association Of Edwards Place Springfield, IL | $2,184,986 | $1,710,598 |
Cedar Rapids Museum Of Art Cedar Rapids, IA | $10,975,724 | $1,897,118 |
River Music Experience Davenport, IA | $3,858,577 | $1,649,242 |
Charlotte Street Foundation Kansas City, MO | $10,563,973 | $1,645,479 |
South Bend Museum Of Art Inc South Bend, IN | $2,880,616 | $3,203,304 |