Friends Of The Manchester Library
- Assets
- $1.0m
- Revenue
- $97.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Manchester, WA
- Founding
- 06/1995
- Data as of
- 12/2022
- EIN
- 91-1654107
Organization Overview
Friends Of The Manchester Library is located in Manchester, WA. The organization was established in 1995. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Manchester 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 12/2022, Friends Of The Manchester Library generated $97.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $160.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ENCOURAGE LEARNING IN MANCHESTER BY PROVIDING OPERATING A LIBRARY BUILDING FUNDING LIBRARY PROGRAMS OFFERING COMMUNITY GATHERING AREA
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOML OWNS & MAINTAINS THE MANCHESTER LIBRARY BUILDING, PROVIDES SPACE FOR LIBRARY SERVICES AND PROGRAMS. LOW COST MEETING SPACE FOR COMMUNITY GROUPS, OPEN 6 DAYS A WEEK, UP TO 300 PEOPLE PER DAY.
FOML FUNDS LIBRARY PROGRAMS IN READING AND SPECIAL TOPICS, SUPPORTS SUMMER OF LEARNING PROGRAM FOR BOTH ADULTS AND CHILDREN, PAY EXPENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Winslow Secretary | Officer | 4 | $0 |
Theresa L Mcbride Treasurer | Officer | 10 | $0 |
Oliver R Pardo Director | Trustee | 2 | $0 |
Chuck Williams President | Officer | 10 | $0 |
Carol Campbell Vice President | Officer | 2 | $0 |
Penny Johnson Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $59,949 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,949 |
| Total Program Service Revenue | $1,404 |
| Investment income | $6,759 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $21,066 |
| Net Income from Fundraising Events | $8,643 |
| Net Income from Gaming Activities | $10 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $97,831 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,028 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $390 |
| Information technology | $201 |
| Royalties | $0 |
| Occupancy | $145,291 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,260 |
| All other expenses | $566 |
| Total functional expenses | $160,544 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,360 |
| Savings and temporary cash investments | $92,736 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $462,300 |
| Investments—publicly traded securities | $445,811 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,037,207 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $129,096 |
| Paid-in or capital surplus, or land, building, or equipment fund | $513,209 |
| Retained earnings, endowment, accumulated income, or other funds | $394,902 |
| Total liabilities and net assets/fund balances | $1,037,207 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cedar Mill Community Library Association Of Washington County Portland, OR | $3,966,436 | $5,333,362 |
Community Library Association Inc Ketchum Sun Valley & Triumph Ketchum, ID | $24,030,804 | $4,468,077 |
King County Library System Foundation Issaquah, WA | $11,358,530 | $2,877,541 |
Bainbridge Public Library Inc Bainbridge Island, WA | $6,794,785 | $1,085,996 |
Friends Of The Seattle Public Library Seattle, WA | $286,168 | $195,943 |
Friends Of The Manchester Library Manchester, WA | $1,037,207 | $97,831 |
Friends Of The Eugene Public Library Eugene, OR | $104,602 | $0 |
The Corvallis-Benton County Public Library Foundation Inc Corvallis, OR | $2,889,683 | $853,255 |
Douglas County Library Foundation Roseburg, OR | $3,184,486 | $85,288 |
Friends Of The Salem Public Library Salem, OR | $157,356 | $0 |
Friends Of Lakewood Library Lakewood, WA | $27,390 | $0 |
Friends Of The Ada County District Library Inc Boise, ID | $45,039 | $0 |