Newbury Public Library Foundation Of New Hampshire
- Assets
- $247.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newbury, NH
- Founding
- 06/2018
- Data as of
- 12/2022
- EIN
- 82-2516807
Organization Overview
Newbury Public Library Foundation Of New Hampshire is located in Newbury, NH. The organization was established in 2018. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., 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. Newbury Public Library Foundation Of New Hampshire 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, Newbury Public Library Foundation Of New Hampshire generated $49.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $2.7k 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
THEFOUNDATIONCONTINUEDTORAISEMONEYTOPROVIDEPARTOFTHECOSTOFEXPANDINGANDRENOVATINGTHENEWBURYPUBLICLIBRARY.THEWARRANTARTICLEVOTEDATTOWNMEETINGFAILEDTOREACHTHE60%REQUIREMENTBY2VOTESTOSUPPORTABONDFORNEWBURY'SSHAREOFTHECOSTOFTHEEXPANSION.THEREFORE,FUNDRAISINGWILLCONTINUE,ANDCONSTRUCTIONWASUNABLETOBEGIN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Sherman Treasurer | 3 | $0 | |
Lynne Tuohy Director | 1 | $0 | |
Helen Wright Director | 1 | $0 | |
Ken Tentarelli Secretary | 2 | $0 | |
Jeanne Palleiko Chair | 20 | $0 | |
Elizabeth Courant Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,458 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $795 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,253 |
| 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 | $794 |
| Other expenses | $1,898 |
| Total expenses | $2,692 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $247,683 |
| Other assets | $0 |
| Total assets | $247,683 |
| Total liabilities | $0 |
| Net assets or fund balances | $247,683 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Newbury Public Library Foundation Of New Hampshire has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Cerullo Family Foundation Albany, NY PURPOSE: GENERAL CHARITABLE PURPOSES | $10,000 |
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