Library Futures Foundation
- Assets
- $1.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Biddeford, ME
- Founding
- Data as of
- 12/2021
- EIN
- 85-2048410
Organization Overview
Library Futures Foundation is located in Biddeford, ME. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Library Futures Foundation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Library Futures Foundation generated $93.0k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $133.5k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
ADVANCE THE CHARITABLE AND EDUCATIONAL INTERESTS OF LIBRARIES AND OTHER INSTITUTIONS THAT SEEK TO MAKE DIGITAL CONTENT AVAILABLE AND ACCESSIBLE AS A PUBLIC GOOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Joseph Director | 1 | $0 | |
Hillary Brill Director | 1 | $0 | |
Meikle Hall Secretary | 1 | $0 | |
John Chrastka Director | 1 | $0 | |
Kyle Courtney Chairman | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,000 |
| 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 | $93,000 |
| 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 | $131,747 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,767 |
| Total expenses | $133,514 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,285 |
| Other assets | $0 |
| Total assets | $1,285 |
| Total liabilities | $0 |
| Net assets or fund balances | $1,285 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Standards Authority Of Ireland Inc Nashua, NH | $10,467,572 | $7,964,198 |
Good Samaritan Agency Bangor, ME | $1,863,251 | $664,116 |
Boothbay Region Community Resource Council Boothbay Harbor, ME | $515,188 | $602,381 |
Patriot Resilient Leader Institute Gilford, NH | $327,563 | $333,928 |
Library Futures Foundation Biddeford, ME | $1,285 | $0 |
Paul And Helen Goransson Charitable Foundation Eliot, ME | $831,122 | $157,600 |
Drouin Family Foundation A Private Charitable Foundation Damariscotta, ME | $1,147,337 | $51,214 |
Frogmen Motorcycle Club Laconia, NH | $0 | $0 |
Island Pantry Inc Deer Isle, ME | $487,076 | $0 |
Chief Michael Maloney Memorial Fund Inc Greenland, NH | $270,994 | $129,403 |
Caswell Conservancy Center Harrison, ME | $0 | $0 |
Holiday Cards 4 Our Military - Nh Challenge Nashua, NH | $2,407 | $0 |