Cannon Falls Library Foundation is located in Cannon Falls, MN. The organization was established in 2005. 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. Cannon Falls Library Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3
CANNON FALLS LIBRARY FOUNDATION COLLECTED PLEDGED FUNDS IN 2016 AND PAID THOSE FUNDS TO THE CITY OF CANNON FALLS AS PAYMENT FOR BUILDING A NEW LIBRARY IN 2012. THE CANNON FALLS LIBRARY FOUNDATION ALSO HELD A CHILDREN'S CHRISTMAS SHOPPING EVENT AND SOLD USED LIBRARY BOOK THROUGH THE CANNON FALLS LIBRARY. ALL OF THESE ACTIVITIES POSITIVELY AFFECTED AT LEAST 5000 CITIZENS OF CANNON FALLS AND THE SURROUNDING AREA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ellen Hartman President | 10 | $0 | |
Russ Sprandel Vice-President | 5 | $0 | |
Mary Jill Bringgold Secretary/treasurer | 5 | $0 | |
James Bassett Foundation Member | 2 | $0 | |
Pat Oates Foundation Member | 2 | $0 | |
Julie Phelps Foundation Member | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,552 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $31 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,540 |
| Other Revenue | $0 |
| Total Revenue | $9,708 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $613 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $47 |
| Other expenses | $46 |
| Total expenses | $22,706 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,901 |
| Other assets | $0 |
| Total assets | $48,901 |
| Total liabilities | $0 |
| Net assets or fund balances | $48,901 |