Friends Of The Salem Public Library
- Assets
- $157.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Salem, OR
- Founding
- 12/1981
- Data as of
- 01/2024
- EIN
- 93-0798455
Organization Overview
Friends Of The Salem Public Library is located in Salem, OR. The organization was established in 1981. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of The Salem Public 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 01/2024, Friends Of The Salem Public Library generated $107.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $76.6k during the year ending 01/2024. While expenses have increased by 0.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Program Activity:
Part 3
PROVIDED SALEM PUBLIC LIBRARY WITH FINANCIAL SUPPORT FOR SUMMER READING PROGRAMS, MUSIC AND SCIENCE ENRICHMENT AND VOLUNTEER RECOGNITION. A TOTAL OF 64 VOLUNTEERS PROVIDED APPROXIMATELY 4,648 VOLUNTEER HOURS TO THE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanne Stewart Interim President/treasurer | 7.5 | $0 | |
Cindy Lapp Secretary | 2.5 | $0 | |
Jacqueline Schindele Director | 1 | $0 | |
Michael Williams Director | 3 | $0 | |
Nancy Layton Director | 1.5 | $0 | |
Nancy Henderson Director | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,870 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,747 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $83 |
| Total Revenue | $106,995 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,103 |
| Professional fees and other payments to independent contractors | $2,722 |
| Occupancy, rent, utilities, and maintenance | $5,749 |
| Printing, publications, postage, and shipping | $388 |
| Other expenses | $25,611 |
| Total expenses | $76,573 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $157,356 |
| Other assets | $0 |
| Total assets | $157,356 |
| Total liabilities | $733 |
| Net assets or fund balances | $156,623 |