Bay City Library Association
- Assets
- $358.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bay City, TX
- Founding
- 12/1972
- Data as of
- 12/2022
- EIN
- 74-6020882
Organization Overview
Bay City Library Association is located in Bay City, TX. The organization was established in 1972. 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. Bay City 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 12/2022, Bay City Library Association generated $102.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $26.5k during the year ending 12/2022. 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
PROVIDING SUPPORT TO THE CITY OF BAY CITY IN OPERATING A PUBLIC LIBRARY TO INCLUDE PURCHASING NEEDED EQUIPMENT FOR THE LIBRARY, BOOKS AND OTHER MATERIALS THAT ARE NEEDED INCLUDING CHILDREN'S PROGRAMS AND OTHER LIBRARY SUPPORTED FUNCTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martha Johnson President | 0 | $0 | |
James M Allen CPA Treasurer | 0 | $0 | |
Nancy Knapik Secretary | 0 | $0 | |
Sherry Barton Director | 0 | $0 | |
Linda Buss Director | 0 | $0 | |
Carma Crain Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $101,836 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $859 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $102,695 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,414 |
| Total expenses | $26,545 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $358,057 |
| Other assets | $0 |
| Total assets | $358,057 |
| Total liabilities | $0 |
| Net assets or fund balances | $358,057 |