Friends Of The Indianola Public Library Foundation in Indianola, Iowa (IA)

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Friends Of The Indianola Public Library Foundation
Employer Identification Number (EIN)421522059
Name of OrganizationFriends Of The Indianola Public Library Foundation
Address207 N B St, Indianola, IA 50125-2448
SubsectionCharitable Organization
Ruling Date04/2003
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$25,000 to $99,999
Income$10,000 to $24,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$51,693
Amount of Income$19,414
Form 990 Revenue Amount$17,600

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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$12,790
Contributions, gifts, grants, and similar amounts received$12,545
Program service revenue including government fees and contracts$3
Membership dues and assessments$0
Investment income$142
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$100
Gross income from gaming$0
Gross income from fundraising events$486
Less: direct expenses from gaming and fundraising events$386
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$12,187
Total net assets$46,558
Excess for the year$603
Net assets or fund balances at beginning of year$45,955
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$46,558
Total liabilities$0
Net assets or fund balances$46,558
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$63,558
Gifts, grants, contributions, and membership fees received$53,025
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$8,953
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$1,560
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