Alexandria Library Foundation Inc is located in Alexandria, VA. The organization was established in 1998. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alexandria Library Foundation Inc 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, Alexandria Library Foundation Inc generated $101.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $156.9k 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 Mission:
Part 3 - Line 1
EXPAND AND ENHANCE SUPPORT FOR THE ALEXANDRIA LIBRARY.
Describe the Organization's Program Activity:
Part 3
SUPPORTING SOFTWARE AND DATABASES
SUPPORTING LIBRARY EVENTS AND STAFF TRAINING
SUPPORTING THE PURCHASE OF LIBRARY MATERIALS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Trudi B Hahn President | 2 | $0 | |
Albert Moseley II Treasurer | 1 | $0 | |
Robert Ray IV Vice President | 1 | $0 | |
Elizabeth Bennett-Parker Member | 1 | $0 | |
Canek Aguirre Member | 1 | $0 | |
Rose T Dawson Secretary | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $100,094 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $4,251 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$2,815 |
Other Revenue | $0 |
Total Revenue | $101,530 |
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 | $90,313 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $2,203 |
Other expenses | $9,285 |
Total expenses | $156,870 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $205,507 |
Other assets | $0 |
Total assets | $484,634 |
Total liabilities | $21,846 |
Net assets or fund balances | $462,788 |