Friends Of The Cumberland County Public Library Inc
- Assets
- $175.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fayetteville, NC
- Founding
- 06/1977
- Data as of
- 12/2021
- EIN
- 56-1145096
Organization Overview
Friends Of The Cumberland County Public Library Inc is located in Fayetteville, NC. The organization was established in 1977. 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 The Cumberland County Public Library 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 12/2021, Friends Of The Cumberland County Public Library Inc generated $85.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $81.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 6 years. 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
2021
Describe the Organization's Program Activity:
Part 3
SPEAKER PROGRAMS, NEWSLETTER, BOOK SALES, AWARDS FOR LIBRARY STAFF AND TRUSTEES, REFRESHMENTS FOR LIBRARY EVENTS, WORKSHOPS AND CONTRIBUTIONS TO THE LIBRARY ENDOWNMENT TRUST
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gail Riddle V President | 0 | $0 | |
Kate Stepp Secretary | 0 | $0 | |
Stephanie Dixon Past Preside | 0 | $0 | |
Susana Prieto President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,668 |
| Total Program Service Revenue | $12,611 |
| Membership dues | $7,702 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,779 |
| Total Revenue | $85,760 |
| 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 | $580 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $81,024 |
| Total expenses | $81,604 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $171,790 |
| Other assets | $0 |
| Total assets | $175,845 |
| Total liabilities | $0 |
| Net assets or fund balances | $175,845 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Friends Of The Cumberland County Public Library Inc has recieved totaling $58,595.
| Awarding Organization | Amount |
|---|---|
Cumberland Community Foundation Inc Fayetteville, NC PURPOSE: CHARITABLE GIFT | $58,491 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $104 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Virginia Licensing & Ventures Group Charlottesville, VA | $21,114,215 | $9,580,641 |
Phoenix Academy Inc High Point, NC | $3,025,069 | $10,364,069 |
Elizabeth City State University Foundation Elizabeth City, NC | $21,052,714 | $2,780,872 |
Scago Educational Facilities Corporation For Pickens School Dis Easley, SC | $211,994,412 | $9,218,813 |
Unc-G Excellence Foundation Greensboro, NC | $187,420,574 | $12,267,071 |
Georgia Gwinnett College Foundationinc Lawrenceville, GA | $177,329,540 | $11,526,847 |
Augusta University Foundation Inc Augusta, GA | $77,382,154 | $9,045,973 |
University Of North Carolina At Asheville Foundation Inc Asheville, NC | $61,754,429 | $7,423,002 |
Marshall-Wythe School Of Law Foundation Williamsburg, VA | $56,391,482 | $7,245,738 |
Securing Assets For Education Moncks Corner, SC | $221,693,651 | $7,774,514 |
Horatio Alger Endowment Fund Alexandria, VA | $322,951,010 | $58,271,352 |
Old Dominion Athletic Foundation Norfolk, VA | $75,318,666 | $6,634,127 |