Rosenberg Library Association

Organization Overview

Rosenberg Library Association is located in Galveston, TX. The organization was established in 1941. According to its NTEE Classification (B70) the organization is classified as: Libraries, under the broad grouping of Education and related organizations. As of 09/2022, Rosenberg Library Association employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rosenberg Library Association 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 09/2022, Rosenberg Library Association generated $5.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $5.3m during the year ending 09/2022. While expenses have increased by 3.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

OPERATION OF PUBLIC LIBRARY

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATION OF A PUBLIC LIBRARY. PURCHASE OF BOOKS & PERIODICALS, PROVIDE STAFF FOR LIBRARY OPERATIONS, PROVIDE OCCUPANCY EXPENSES FOR LIBRARY FACILITIES, PROVIDE OTHER COSTS FOR LIBRARY OPERATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Michael C Miller
Executive Di
$97,785
Michael C Doherty
President
$0
Eugene Hornstein
Assistant Se
$0
Bille Hoskins
Secretary
$0
Dancie Perugini Ware
Vice Preside
$0
Roland L Bassett
Treasurer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Overdrive Inc
Circulating Mat
$240,759
Baker Taylor
Lib. Books
$142,582
Tdi Industries
Hvac Project
$303,498
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $4,201,800
All other contributions, gifts, grants, and similar amounts not included above$407,235
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,609,035
Total Program Service Revenue$0
Investment income $662,851
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,322,146

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Rosenberg Library Association has recieved totaling $5,178.

Awarding OrganizationAmount
J F Seinsheimer Jr Charitable Foundation

Galveston, TX

PURPOSE: GENERAL

$2,000
Edward And Ellen Randall Foundation

Hondo, TX

PURPOSE: GENERAL PURPOSE

$2,000
Brown Foundation Inc

Houston, TX

PURPOSE: RECONSTRUCTION FUND

$1,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$178
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$28,878,357
Earnings-$4,576,792
Other Expense$866,901
Ending Balance$23,339,058

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