Friends Of The Champaign Public Library in Champaign, Illinois (IL)

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Friends Of The Champaign Public Library
Employer Identification Number (EIN)841690008
Name of OrganizationFriends Of The Champaign Public Library
Address200 W Green St, Champaign, IL 61820-5193
SubsectionCharitable Organization
Ruling Date01/2006
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
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$10,000 to $24,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$17,991
Amount of Income$47,121
Form 990 Revenue Amount$46,961
National Taxonomy of Exempt Entities (NTEE)Public, Society Benefit - Multipurpose and Other: Public, Society Benefit - Multipurpose and Other (Not Elsewhere Classified)

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Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$46,961
Contributions, gifts, grants, and similar amounts received$169
Program service revenue including government fees and contracts$0
Membership dues and assessments$4,062
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$42,090
Gross sales of inventory, less returns and allowances$42,250
Less: cost of goods sold$160
Other revenue$640
Total expenses$40,051
Total net assets$17,991
Excess for the year$6,910
Net assets or fund balances at beginning of year$11,081
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$17,991
Total liabilities$0
Net assets or fund balances$17,991
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
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 2012)
2008 - 2012 Total
Total support$206,238
Gifts, grants, contributions, and membership fees received$8,377
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$197,861
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$0
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