Friends Of Inver Glen Library

Organization Overview

Friends Of Inver Glen Library is located in Inver Grove Heights, MN. The organization was established in 2000. 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. Friends Of Inver Glen 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, Friends Of Inver Glen Library generated $61.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.0% each year . All expenses for the organization totaled $17.6k during the year ending 12/2021. 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE CORPORATION IS ORGANIZED FOR THE CHARITABLE, SCIENTIFIC OR EDUCATIONAL PURPOSED RELATED TO PROMOTING THE INVER GLEN LIBRARY IN INVER GROVE HEIGHTS, MINNESOTA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROMOTE READING AND LIBRARY SERVICES.


NET INCOME FROM BOOK SALES


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$389
Fundraising events$0
Related organizations$0
Government grants $100
All other contributions, gifts, grants, and similar amounts not included above$1,238
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,727
Total Program Service Revenue$3,930
Investment income $12,176
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $44,070
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $61,903

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