Friends Of The Norman Library
- Assets
- $372.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norman, OK
- Founding
- 11/1985
- Data as of
- 06/2022
- EIN
- 73-1148228
Organization Overview
Friends Of The Norman Library is located in Norman, OK. The organization was established in 1985. 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 Norman 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 06/2022, Friends Of The Norman Library generated $63.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $10.7k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE COLLECTION OF MEMBERSHIP DUES ALONG WITH THE SALES OF DONATED BOOKS ALLOW THE ORGANIZATION TO MAKE CASH CONTRIBUTIONS TO THE NORMAN PUBLIC LIBRARY. FUNDS RECEIVED BY NORMAN PUBLIC LIBRARY SHALL BE USED FOR SCHOLARSHIPS,BOOKS AND PROGRAMS WHICH SUPPORTS A COMMUNITY OF APPROXIMATELY 120,000 IN POPULATION. THE CASH CONTRIBUTIONS PAID PLUS EXPENSES PAID ON BEHALF TOTALED $8,660 FOR THE YEAR ENDED 6/30/2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Walter Matulewicz Director | 0 | $0 | |
Jamie Featherston Vice President | 0 | $0 | |
Vera Featherston Director | 0 | $0 | |
Karl Rambo President | 0 | $0 | |
Kathleen Romero Director | 0 | $0 | |
Fern Garofalo Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,131 |
| Total Program Service Revenue | $0 |
| Membership dues | $821 |
| Investment income | $263 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $33,631 |
| Other Revenue | $0 |
| Total Revenue | $63,846 |
| 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 | $450 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,635 |
| Total expenses | $10,745 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $223,386 |
| Other assets | $0 |
| Total assets | $372,677 |
| Total liabilities | $0 |
| Net assets or fund balances | $372,677 |
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