Madison Public Library Foundation is located in Madison, NE. The organization was established in 1995. According to its NTEE Classification (B70) the organization is classified as: Libraries, 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. Madison Public 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.
For the year ending 12/2023, Madison Public Library Foundation generated $3.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $3.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE MADISON FOUNDATION CONTINUES TO PROVIDE A 3,000 GRANT FOR THE PURCHASE OF BOOKS, VIDEOS, AND RELATED MATERIALS TO ADD TO THE LIBRARY'S COLLECTION TO KEEP MATERIALS UP-TO-DATE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacquelyn Samway Vice Preside | 0 | $0 | |
Merlin Oswald Vice Preside | 1 | $0 | |
Michael C Moyer Secretary-Tr | 1 | $0 | |
Janet Albracht Trustee | 0 | $0 | |
Val Wessel Trustee | 0 | $0 | |
Representative Of Madison Public Li Appointed Bo | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,025 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $572 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,597 |
| 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 | $330 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,781 |
| Total expenses | $3,111 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,313 |
| Other assets | $0 |
| Total assets | $58,313 |
| Total liabilities | $0 |
| Net assets or fund balances | $58,313 |