Friends Of The Library in Gainesville, Florida (FL)

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Friends Of The Library
Employer Identification Number (EIN)596212422
Name of OrganizationFriends Of The Library
Address430 N Main St, Gainesville, FL 32601-3305
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date02/1975
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period09/2012
Assets$500,000 to $999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$532,394
Amount of Income$321,740
Form 990 Revenue Amount$321,740
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Libraries


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Amount of income in 2012: $321,740 (it was $320,635 in 2011)
Friends Of The Library: 

 $321,740
Other organizations performing similar types of work: 

 $132,471

Assets in 2012: $532,394 (it was $594,752 in 2011)
This organization: 

 $532,394
Other organizations performing similar types of work: 

 $189,319

Financial snapshot ($)

Revenue for 2011

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$320,635
Contributions, Gifts, Grants and Other Similar Amounts$1,691
Program Service Revenue$317,344
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$1,600
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$316,536
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$316,536
Balance Sheet (for 2011)
Total assets$594,752
Total liabilities$0
Total net assets or fund balances$594,752
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2011)
2007 - 2011 Total
Total support$1,616,741
Gifts, grants, contributions, and membership fees received$41,564
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$1,521,331
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$53,846
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Manhattan Library Foundation Inc529 Humboldt Street, Manhattan, KS 66502-6073KS1993-06$730,655
2Maquoketa Library Corporation126 S 2nd St, Maquoketa, IA 52060-2947IA1995-10$384,765
3Friends Of The Library430 N Main St, Gainesville, FL 32601-3305FL1975-02$321,740
4Butt Holdsworth Memorial Library Endowment FundPO BOX 41629, Austin, TX 78704-0028TX1989-07$204,607
5Library Management Network Inc2132 6th Ave Se Ste 106, Decatur, AL 35601-6561AL1987-04$144,861
6Friends Of The Thousand Oaks Library2331 Borchard Rd, Newbury Park, CA 91320-3254CA1966-12$132,471
7Margaret Reaney Memorial Library19 Kingsbury Ave, St Johnsville, NY 13452-1307NY1997-06$94,618
8Friends Of The Belmont Public Library IncorporatedPO BOX 125, Belmont, MA 02478-0904MA1995-01$70,836
9Iv Foundation3321 W 78th St, Excelsior, MN 55331-4512MN1996-06$66,154
10Greenfield Public Library Foundation Inc5310 W Layton Ave, Greenfield, WI 53220-4011WI1997-07$24,193
11Festus Public Library Foundation Inc400 Main St, Festus, MO 63028MO1997-12$2,237
12Four Star Public Library District FoundationPO BOX 169, Mendon, IL 62351-0169IL1995-09$206
13Friends Of The Truro Libraries IncPO BOX 357, North Truro, MA 02652MA1993-09$0
Number of organizations performing similar types of work
Alabama1
Arizona1
California3
Colorado1
Florida3
Iowa3
Illinois1
Indiana1
Kansas1
Massachusetts2
Minnesota2
Missouri1
Nebraska3
New Jersey1
New York2
Pennsylvania3
South Dakota1
Texas1
Virginia2
Vermont1
Washington1
Wisconsin3
Total38

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