Friends Of Appleton Library Incorporated
- Assets
- $2.4m
- Revenue
- $567.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Appleton, WI
- Founding
- 02/1987
- Data as of
- 06/2022
- EIN
- 39-1550376
Organization Overview
Friends Of Appleton Library Incorporated is located in Appleton, WI. The organization was established in 1987. As of 06/2022, Friends Of Appleton Library Incorporated employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Appleton Library Incorporated 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, Friends Of Appleton Library Incorporated generated $567.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $234.7k during the year ending 06/2022. 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
FRIENDS OF APPLETON PUBLIC LIBRARY (FRIENDS) ADVOCATES AND RAISES FUNDS FOR THE APPLETON PUBLIC LIBRARY (APL) AND SERVES AS A BRIDGE BETWEEN THE LIBRARY AND THE GREATER APPLETON COMMUNITY. PUBLIC FUNDING ISNT ENOUGH TO PROVIDE ALL THE SERVICES AND RESOURCES THAT OUR COMMUNITY NEEDS. WITH FRIENDS FUNDS, APL PROVIDES ENHANCED LIBRARY SERVICES BEYOND THOSE PAID FOR WITH TAX DOLLARS FOR ALL AGES, DEMOGRAPHICS, RESIDENTS AND VISITORS OF THE FOX CITIES COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ENCOURAGE FINANCIAL SUPPORT OF LIBRARY PROGRAMS, TECHNOLOGIES,SERVICES, AND SPECIAL COLLECTIONS BEYOND THE SCOPE OF THOSE WHICH ARE PROVIDED BY TAX DOLLARS; TO PROVIDE EDUCATION AND OUTREACH FOR THE PUBLIC ON THE VALUE OF LIBRARIES IN GENERAL AND THE APPLETON PUBLIC LIBRARY SPECIFICALLY TO OUR COMMUNITY; TO PROVIDE INFORMATION ABOUT 21ST CENTURY PUBLIC LIBRARIES IN GENERAL AND SPECIFICALLY TO SUPPORT FOR THE FUTURE APPLETON LIBRARY; TO SERVE AS FISCAL AGENT FOR APPLETON PUBLIC LIBRARY GRANTS FROM EXTERNAL SOURCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kara Sullivan Executive Di | Officer | 30 | $46,000 |
Nick Ross Vice Preside | OfficerTrustee | 1 | $0 |
Chuck Erickson Secretary | OfficerTrustee | 1 | $0 |
Amy Friedel Treasurer | OfficerTrustee | 2 | $0 |
Don Hietpas President | OfficerTrustee | 1 | $0 |
Kirsten Finlayson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $36,250 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $439,743 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $475,993 |
| Total Program Service Revenue | $0 |
| Investment income | $23,077 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $51,031 |
| Net Income from Fundraising Events | $16,893 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $566,994 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $72,388 |
| Grants and other assistance to domestic individuals. | $1,675 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $34,456 |
| Compensation of current officers, directors, key employees. | $11,485 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,973 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,306 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $17,713 |
| Fees for services: Other | $75,794 |
| Advertising and promotion | $142 |
| Office expenses | $11,117 |
| 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 | $974 |
| All other expenses | $2,188 |
| Total functional expenses | $234,726 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $290,625 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,121,191 |
| Total assets | $2,411,816 |
| Accounts payable and accrued expenses | $16,492 |
| 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 | $16,492 |
| Net assets without donor restrictions | $2,095,910 |
| Net assets with donor restrictions | $299,414 |
| 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 | $2,411,816 |
Grants Awarded
Over the last fiscal year, Friends Of Appleton Library Incorporated has awarded $115,650 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
APPLETON PUBLIC LIBRARY PURPOSE: SEE 990 PART 3 LN 4A | $69,800 |
OUTAGAMIE WAUPACA LIBRARY SYSTEM PURPOSE: UPDATE TECHNOLOGY | $45,850 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Friends Of Appleton Library Incorporated has recieved totaling $215,533.
| Awarding Organization | Amount |
|---|---|
Community Foundation For The Fox Valley Region Inc Appleton, WI PURPOSE: B11: SINGLE ORGANIZATION SUPPORT | $214,707 |
Chubb Charitable Foundation Philadelphia, PA PURPOSE: MATCHING GIFTS | $500 |
Chubb Charitable Foundation Philadelphia, PA PURPOSE: MATCHING GIFTS | $150 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $126 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $50 |
Endowment Analysis
| Beg. Balance | $2,030,752 |
| Earnings | -$267,433 |
| Admin Expense | $17,713 |
| Net Contributions | $451,490 |
| Grants | $75,905 |
| Ending Balance | $2,121,191 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Midwest Collaborative For Library Services Inc Lansing, MI | $15,149,263 | $26,161,639 |
Willard Library Battle Creek, MI | $5,504,980 | $5,978,429 |
Chicago Public Library Foundation Chicago, IL | $39,161,773 | $5,601,419 |
Southeastern Libraries Cooperating Rochester, MN | $3,251,693 | $3,092,021 |
Illinois Library Association Chicago, IL | $3,523,138 | $2,926,047 |
Hoyt Trust Saginaw, MI | $13,312,387 | $317,292 |
Mabel Tainter Literary Library & Educational Society Menomonie, WI | $4,637,206 | $653,036 |
Detroit Public Library Friends Foundation Inc Detroit, MI | $4,265,630 | $310,193 |
Southeastern Wisconsin Information Technology Exchange Inc Milwaukee, WI | $184,005 | $425,122 |
Wisconsin Library Association Inc Monona, WI | $443,421 | $444,670 |
Grand Rapids Public Library Foundation Grand Rapids, MI | $5,963,728 | $901,306 |
Friends Of Appleton Library Incorporated Appleton, WI | $2,411,816 | $566,994 |