Friends Of The Burlington Public Library in Burlington, Iowa (IA)

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Friends Of The Burlington Public Library
Employer Identification Number (EIN)421275963
Name of OrganizationFriends Of The Burlington Public Library
In Care of NameBob Glaser
Address210 Court Street, Burlington, IA 52601
SubsectionEducational Organization
Ruling Date03/1983
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 Period2014
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$37,366
Amount of Income$26,489
Form 990 Revenue Amount$26,489


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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$36,620
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$6,722
Investment income$35
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$29,863
Gross sales of inventory, less returns and allowances$33,052
Less: cost of goods sold$3,189
Other revenue$0
Total expenses$34,465
Total net assets$47,142
Excess for the year$2,155
Net assets or fund balances at beginning of year$44,987
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$47,142
Total liabilities$0
Net assets or fund balances$47,142
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$167,063
Gifts, grants, contributions, and membership fees received$31,136
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$135,819
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$108
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