Friends Of Bedford Public Library in Bedford, Massachusetts (MA)

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Friends Of Bedford Public Library
Employer Identification Number (EIN)043372862
Name of OrganizationFriends Of Bedford Public Library
In Care of NameJared J Wolf
Address7 Mudge Way, Bedford, MA 01730
SubsectionCharitable Organization
Ruling Date11/1997
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 Period2010
Assets$25,000 to $99,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$71,716
Amount of Income$43,682
Form 990 Revenue Amount$43,682
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Public Foundations

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Amount of income in 2010: $43,682 (it was $0 in 2011)
This organization: 

Other organizations performing similar types of work: 


Assets in 2010: $71,716 (it was $0 in 2011)
This organization: 

Other organizations performing similar types of work: 


Financial snapshot ($)

Revenue for 2010

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2010)
Total revenue$34,663
Contributions, gifts, grants, and similar amounts received$2,498
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$555
Gain from sale of assets other than inventory$95
Gross amount from sale of assets other than inventory$95
Less: cost or other basis and sales expenses$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$31,261
Gross sales of inventory, less returns and allowances$31,261
Less: cost of goods sold$0
Other revenue$254
Total expenses$41,605
Total net assets$70,042
Deficit for the year$-6,942
Net assets or fund balances at beginning of year$76,347
Other changes in net assets or fund balances$637
Balance Sheets (for 2010)
Total assets$70,042
Total liabilities$0
Net assets or fund balances$70,042
Other Information (for 2010)
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 2010)
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 2010)
2006 - 2010 Total
Total support$153,758
Gifts, grants, contributions, and membership fees received$16,575
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$130,616
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$6,567
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22Cathedral Preservation Tr Fund, Pappas Chris J Atty Ttee162 Goddard Ave, Brookline, MA 02445-7414MA1998-09$85,234
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Number of organizations performing similar types of work
District of Columbia6
North Carolina49
North Dakota3
New Jersey47
New Mexico3
New York90
Rhode Island6
South Carolina19
South Dakota2
West Virginia1
Total1,116 is not associated with, endorsed by, or sponsored by Friends Of Bedford Public Library and has no official or unofficial affiliation with Friends Of Bedford Public Library