Friends Of The Medford Public Library Inc in Medford, Massachusetts (MA)
Table of contents:
| Friends Of The Medford Public Library Inc | |
| Employer Identification Number (EIN) | 043107969 |
| Name of Organization | Friends Of The Medford Public Library Inc |
| Address | 111 High St, Medford, MA 02155-3824 |
| Activities | Library |
| Subsection | Charitable Organization |
| Ruling Date | 08/1991 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $25,000 to $99,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Required to file Form 990-N - Income less than $25,000 per year |
| Asset Amount | $28,549 |
| Amount of Income | $32,069 |
| Form 990 Revenue Amount | $32,069 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Libraries |
Non-representatives - add comments:
Amount of income in 2013: $32,069 (it was $38,043 in 2012)
| Friends Of The Medford Public Library Inc: | $32,069 |
| Other organizations performing similar types of work: | $105,731 |
Assets in 2013: $28,549 (it was $42,093 in 2012)
| This organization: | $28,549 |
| Other organizations performing similar types of work: | $324,664 |
Expenses in 2013: $45,613
| Friends Of The Medford Public Library Inc: | $45,613 |
| Other organizations performing similar types of work: | $75,408 |
Income to expenses ratio in 2013: 0.7
| Friends Of The Medford Public Library Inc: | 0.7 |
| Other organizations performing similar types of work: | 1.2 |
Grants share in income in 2013: 80.4%
| Friends Of The Medford Public Library Inc: | 80.4% |
| Other organizations performing similar types of work: | 74.2% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $57,364 | $38,043 | $32,069 |
| Contributions, gifts, grants, and similar amounts received | $51,373 | $32,278 | $25,797 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $5,960 | $5,765 | $6,259 |
| Investment income | $31 | $40 | $13 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $0 | $0 | $0 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $38,825 | $45,840 | $45,613 |
| Total net assets | $49,934 | $42,093 | $28,549 |
| Excess/Deficit for the year | $18,539 | $-7,841 | $-13,544 |
| Net assets or fund balances at beginning of year | $31,395 | $49,934 | $42,093 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $42,093 | $28,549 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $49,934 | $42,093 | $28,549 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $49,934 | $42,093 | $28,549 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| 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 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $198,449 |
| Subtotal | $198,449 |
| Gifts, grants, contributions, and membership fees received | $198,449 |
| 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 | $0 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| 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 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $198,580 |
| Public support | $198,449 |
| Subtotal | $132 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $132 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
Neriah Community Health Foundation in Medford, MA
  |
|
The Red Sox Foundation Inc in Boston, MA
|
|
King Solomon Humanitarian Foundation For Handicapped Childre, Handi-Kids in Bridgewater, MA
|
| Iglesia Camino Al Calvario in Lynn, MA |
| Rossbach Charitable Remainder Tr, Rossbach Janice & C E Ahara Ttees in Lexington, MA |
| Massachusetts-Ponkapoag Tribal Council Inc in Bridgewater, MA |
|
Fc Blazers in Needham Hgts, MA
|
|
Twilight Throwers in Chelmsford, MA
|
| Wayland Baseball And Softball Association Inc in Wayland, MA |
Wellspring Inc in Hull, MA
 |
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Walt Disney Family Foundation | 104 Montgomery St, San Francisco, CA 94129-1718 | CA | 1997-07 | $14,420,942 |
| 2 | Jones Library Inc | 43 Amity St, Amherst, MA 01002-2214 | MA | 1996-02 | $5,475,004 |
| 3 | Southern Maryland Regional Library Association Inc | PO BOX 459, Charlott Hall, MD 20622-0459 | MD | 1994-12 | $2,505,726 |
| 4 | Tompkins County Public Library Foundation Inc | 101 E Green St, Ithaca, NY 14850-5613 | NY | 1993-04 | $1,597,326 |
| 5 | Seymour Public Library District | Genesee St, Auburn, NY 13021 | NY | 1994-09 | $911,225 |
| 6 | Sloatsburg Public Library | Liberty Rock Rd, Sloatsburg, NY 10974 | NY | 1991-10 | $448,680 |
| 7 | Whippanong Library Association | 17 Sherwood Ln, Fairfield, NJ 07004-3601 | NJ | 1992-10 | $401,809 |
| 8 | The Fulton County Library Inc | 227 N 1st St, Mc Connellsbg, PA 17233-1003 | PA | 1995-11 | $394,460 |
| 9 | Youngstown Free Library | 240 Lockport St, Youngstown, NY 14174-1008 | NY | 1996-04 | $320,197 |
| 10 | Seward Library Foundation | 233 S 5th St, Seward, NE 68434-2519 | NE | 1991-06 | $316,806 |
| 11 | Tape Ministries Northwest | 820 S 192nd Street, Seattle, WA 98148 | WA | 1993-10 | $294,492 |
| 12 | Middleburg Library Advisory Board Inc | Po Box 1823, Middleburg, VA 20118 | VA | 1998-10 | $280,090 |
| 13 | Jacob Sears Memorial Library Corporation | 23 Center Street, E Dennis, MA 02641 | MA | 1998-05 | $85,857 |
| 14 | Friends Of The Medford Public Library Inc | 111 High St, Medford, MA 02155-3824 | MA | 1991-08 | $32,069 |
| 15 | Friends Of The Hamilton Wenham Library Inc | 14 Union St, S Hamilton, MA 01982-2112 | MA | 1991-12 | $27,469 |
| 16 | Friends Of The Woburn Public Library Inc | 45 Pleasant St, Woburn, MA 01801-4196 | MA | 1998-04 | $5,330 |
| 17 | Friends Of The Fiske Public Library Inc | Po Box 954, Wrentham, MA 02093 | MA | 1996-07 | $0 |
| 18 | Friends Of The Pembroke Libraries | 315 High St, Pembroke, MA 02359 | MA | 1995-11 | $0 |
| 19 | Massachusetts Friends Of Libraries Inc | 835 Main Street, Acusnet, MA 02743 | MA | 1996-04 | $0 |
| 20 | Morse Institute In Natick | 14 E Central St, Natick, MA 01760-4630 | MA | 1997-05 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 308 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Friends Of The Medford Public Library Inc »
Non-representatives - add comments about Friends Of The Medford Public Library Inc»