Twin Falls Public Library Foundation Inc

Organization Overview

Twin Falls Public Library Foundation Inc is located in Twin Falls, ID. The organization was established in 1988. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 04/2022, Twin Falls Public Library Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Twin Falls Public 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 04/2022, Twin Falls Public Library Foundation Inc generated $13.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (29.1%) each year. All expenses for the organization totaled $118.8k during the year ending 04/2022. 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

IT IS THE MISSION OF THE TWIN FALLS PUBLIC LIBRARY FOUNDATION, INC., TO PROVIDE SUPPORT FOR THE PROGRAMS AND SERVICES OF THE TWIN FALLS PUBLIC LIBRARY BEYOND THOSE WHICH CAN BE PROVIDED THROUGH ITS REGULAR CHANNELS AND LEVELS OF FUNDING, BUT NOT TO TAKE THE PLACE OF ANY OF THOSE REGULAR CHANNELS OR LEVELS OF FUNDING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATIONS MAJOR OBJECTIVE IS TO RAISE PUBLIC FUNDS TO PURCHASE BOOKS AND LIBRARY MATERIAL FOR THE LOCAL CITY PUBLIC LIBRARY.


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Board, Officers & Key Employees

Name (title)Compensation
Mary Fort
Secretary
$0
Jim Fields
President
$0
Susan Tenney
Treasurer
$0
Jacob Hall
Vice Preside
$0
Mary Barron
Board Member
$0
Gary Heidemann
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $87,821
All other contributions, gifts, grants, and similar amounts not included above$37,484
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$125,305
Total Program Service Revenue$0
Investment income -$111,994
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 $13,311

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Twin Falls Public Library Foundation Inc has recieved totaling $11,061.

Awarding OrganizationAmount
Grace Smith Keveren And Kenneth A Keveren Foundation Inc

Twin Falls, ID

PURPOSE: SUPPORT LOCAL LIBRARY

$11,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$61
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$981,465
Earnings-$34,495
Admin Expense$43,333
Net Contributions$12,785
Ending Balance$916,422

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