South Burlington Library Foundation Inc
- Assets
- $116.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- South Burlington, VT
- Founding
- 07/2019
- Data as of
- 06/2023
- EIN
- 81-4777508
Organization Overview
South Burlington Library Foundation Inc is located in South Burlington, VT. The organization was established in 2019. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Burlington Library Foundation 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 06/2023, South Burlington Library Foundation Inc generated $46.8k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $151.6k during the year ending 06/2023. 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 Program Activity:
Part 3
THE SOUTH BURLINGTON LIBRARY FOUNDATION WAS CREATED FOR THE PURPOSE OF RECEIVING MANAGING AND INVESTING CONTRIBUTIONS GIFTS AND REQUESTS EXCLUSIVELY FOR THE BENEFIT OF THE SOUTH BURLINGTON PUBLIC LIBRARY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stacey Pape President | 3 | $0 | |
Ted Lenski Treasurer | 3 | $0 | |
Donna Swartwout Secretary | 3 | $0 | |
Alicia Lamonda Director | 1 | $0 | |
Margry Vagt Director | 1 | $0 | |
Rebecca Stazi Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,847 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,847 |
| 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 | $7,884 |
| Total expenses | $151,599 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $116,440 |
| Other assets | $0 |
| Total assets | $116,440 |
| Total liabilities | $0 |
| Net assets or fund balances | $116,440 |
Grants Awarded
Over the last fiscal year, South Burlington Library Foundation Inc has awarded $287,633 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SOUTH BURLINGTON PUBLIC LIBRARY PURPOSE: General Support | $276,343 |
SOUTH BURLINGTON PUBLIC LIBRARY PURPOSE: GENERAL SUPPORT | $11,290 |