Friends Of The San Marcos Public Library
- Assets
- $169.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Marcos, TX
- Founding
- 01/1966
- Data as of
- 07/2023
- EIN
- 74-6071455
Organization Overview
Friends Of The San Marcos Public Library is located in San Marcos, TX. The organization was established in 1966. 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 San Marcos Public 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 07/2023, Friends Of The San Marcos Public Library generated $61.9k 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 (4.9%) each year. All expenses for the organization totaled $37.6k during the year ending 07/2023. 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
PROVIDE BOOKS, COMPUTERS, AND OTHER MATERIALS FOR THE BENEFIT OF THE SAN MARCOS COMMUNITY. CONDUCTS BOOK SALES AND OTHER FUNDRAISING EVENTS
Describe the Organization's Program Activity:
Part 3
IN LATE 2020 THE CITY OF SAN MARCOS STARTED ON THE EXPANSION OF THE SAN MARCOS PUBLIC LIBRARY. THE FRIENDS OF THE SAN MARCOS PUBLIC LIBRARY PLEDGED TO PROVIDE $1,000,000 TO PAY FOR FURNITURE FOR THE EXPANSION. THIS ALLOWED THE CITY CONSTRUCTION FUNDS TO BE MORE EFFICIENTLY USED. THE EXPENSE FOR THIS YEAR HAS NOT MET THAT PLEDGE SO THERE WILL BE MORE EXPENSE IN THE FUTURE. THIS PROGRAM HAS HELPED PROVIDED THE COMMUNITY OF SAN MARCOS WITH A COMFROTABLE, FUNCTIONAL, AND BEAUTIFUL EXPANDED LIBRARY.
THE FRIENDS PAYS FOR THE LIBRARY SUBSCRIPTION TO FLIPSTER ONLINE MAGAZINES. THE SUBSCRIPTION INCLUDES ACCESS TO 50 FULL-TEXT MAGAZINES FOR CHILDREN, TEENS, AND ADULTS. FLIPSTER IS ABLE TO PROVIDE CONCURRENT USE SO THERE IS NO LIMIT TO THE NUMBER OF CUSTOMERS WHO CAN READ THE NEWEST EDITION EACH MONTH. MANY TITLES ARE ONLY AVAILABLE DIGITALLY SO THIS EXPANDS THE USE OF THE LIBRARY'S PERIODICAL COLLECTION TO OVER 3,000 ITEMS PER MONTH.
THE FRIENDS PROVIDES TWO COPIERS FOR THE PATRONS OF THE LIBRARY FOR A SMALL FEE. THESE EXPENSES ARE FOR THE RENTAL OF THE MACHINES AND THE NECESSARY SUPPLIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachel Sanborn President | 1 | $0 | |
Milton Vaverek Vice President | 1 | $0 | |
Martha Moore Secretary | 1 | $0 | |
Pari Sandage Treasurer | 1 | $0 | |
Laura Pratt Director-Chairperson Of Booksales | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,434 |
| Total Program Service Revenue | $8,165 |
| Membership dues | $0 |
| Investment income | $142 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $24,191 |
| Other Revenue | $0 |
| Total Revenue | $61,932 |
| 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 | $800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,080 |
| Other expenses | $35,721 |
| Total expenses | $37,601 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $169,396 |
| Other assets | $0 |
| Total assets | $169,396 |
| Total liabilities | $204 |
| Net assets or fund balances | $169,192 |