Friends Of The Monmouth Library
- Assets
- $147.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Monmouth, OR
- Founding
- 12/1992
- Data as of
- 06/2023
- EIN
- 94-3166128
Organization Overview
Friends Of The Monmouth Library is located in Monmouth, OR. The organization was established in 1992. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Friends Of The Monmouth 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 06/2023, Friends Of The Monmouth Library generated $8.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $11.1k during the year ending 06/2023. While expenses have increased by 0.0% per year over the past 8 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenn Lehto President | 1.5 | $0 | |
Shari Blackburn Vice President | 0.5 | $0 | |
Emily Beatley Treasurer | 1 | $0 | |
Elizabeth Wavra Secretary | 0.5 | $0 | |
Susan Whitaker Director | 0.1 | $0 | |
Jessica Steed Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,214 |
| Total Program Service Revenue | $0 |
| Membership dues | $525 |
| Investment income | $3,575 |
| Gain or Loss | -$413 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,901 |
| 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 | $1,533 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $108 |
| Other expenses | $1,127 |
| Total expenses | $11,145 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $146,978 |
| Other assets | $0 |
| Total assets | $146,978 |
| Total liabilities | $0 |
| Net assets or fund balances | $146,978 |