Phillips Public Library in Phillips, Maine (ME)
Table of contents:
| Phillips Public Library | |
| Employer Identification Number (EIN) | 010400759 |
| Name of Organization | Phillips Public Library |
| Address | PO BOX O, Phillips, ME 04966-1514 |
| Activities | Library |
| Subsection | Educational Organization |
| Ruling Date | 11/1998 |
| 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 | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $431,699 |
| Amount of Income | $65,141 |
| Form 990 Revenue Amount | $65,027 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Libraries |
Non-representatives - add comments:
Amount of income in 2013: $65,141 (it was $315,441 in 2012)
| This organization: | $65,141 |
| Other organizations performing similar types of work: | $105,731 |
Assets in 2013: $431,699 (it was $430,608 in 2012)
| Phillips Public Library: | $431,699 |
| Other organizations performing similar types of work: | $324,664 |
Expenses in 2013: $66,486
| This organization: | $66,486 |
| Other organizations performing similar types of work: | $75,408 |
Income to expenses ratio in 2013: 1.0
| Phillips Public Library: | 1.0 |
| Other organizations performing similar types of work: | 1.2 |
Grants share in income in 2013: 51.7%
| This organization: | 51.7% |
| 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 | $41,977 | $30,125 | $65,027 |
| Contributions, gifts, grants, and similar amounts received | $24,996 | $21,373 | $33,621 |
| Program service revenue including government fees and contracts | $0 | $0 | $1,361 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $7,043 | $9,858 | $6,358 |
| Gain/Loss from sale of assets other than inventory | $-14 | $-5,992 | $20,058 |
| Gross amount from sale of assets other than inventory | $1,403 | $278,943 | $20,072 |
| Less: cost or other basis and sales expenses | $1,417 | $284,935 | $14 |
| Net income/loss from gaming and fundraising events | $9,928 | $4,839 | $3,572 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $10,940 | $5,220 | $3,672 |
| Less: direct expenses from gaming and fundraising events | $1,012 | $381 | $100 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $23 | $47 | $57 |
| Total expenses | $87,443 | $56,919 | $66,486 |
| Total net assets | $435,227 | $429,900 | $430,894 |
| Excess/Deficit for the year | $-45,465 | $-26,794 | $-1,459 |
| Net assets or fund balances at beginning of year | $475,984 | $435,228 | $430,608 |
| Other changes in net assets or fund balances | $4,708 | $21,466 | $1,745 |
| Net assets or fund balances at end of year | $429,899 | $430,894 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $435,329 | $430,608 | $431,699 |
| Total liabilities | $102 | $708 | $805 |
| Net assets or fund balances | $435,227 | $429,900 | $430,894 |
| 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 a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public Support | $118,361 |
| Subtotal Support | $118,361 |
| Gifts, grants, contributions, and membership fees received | $118,361 |
| 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 |
| The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $0 |
| Total Support | $156,976 |
| Public Support | $118,361 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $38,615 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income. Do not include gain or loss from the sale of capital assets | $0 |
| Gross receipts from related activities, etc. | $0 |
| Write your review! |
|
|
| Recently Added Reviews |
Sanctuary At Maple Hill Farms Inc in Auburn, ME
 |
Waterboro Land Trust Inc in North Waterboro, ME
 |
| Interpreter Services For The Deaf Inc in Cambridge, ME |
| Ashland Area Cross Country Ski Club in Ashland, ME |
Honoring Of The Elders in Sanford, ME
 |
|
Legacy Inc in Hampden, ME
|
| Andover Educational Fund Inc in Andover, ME |
|
Curran Homestead in Orrington, ME
|
|
Dirigo Search And Rescue Association in Orono, ME
|
| Friends Of The Doubling Point Light in Arrowsic, ME |
| 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 | Southern Maryland Regional Library Association Inc | PO BOX 459, Charlott Hall, MD 20622-0459 | MD | 1994-12 | $2,505,726 |
| 3 | Tompkins County Public Library Foundation Inc | 101 E Green St, Ithaca, NY 14850-5613 | NY | 1993-04 | $1,597,326 |
| 4 | Seymour Public Library District | Genesee St, Auburn, NY 13021 | NY | 1994-09 | $911,225 |
| 5 | Sloatsburg Public Library | Liberty Rock Rd, Sloatsburg, NY 10974 | NY | 1991-10 | $448,680 |
| 6 | Whippanong Library Association | 17 Sherwood Ln, Fairfield, NJ 07004-3601 | NJ | 1992-10 | $401,809 |
| 7 | The Fulton County Library Inc | 227 N 1st St, Mc Connellsbg, PA 17233-1003 | PA | 1995-11 | $394,460 |
| 8 | Youngstown Free Library | 240 Lockport St, Youngstown, NY 14174-1008 | NY | 1996-04 | $320,197 |
| 9 | Seward Library Foundation | 233 S 5th St, Seward, NE 68434-2519 | NE | 1991-06 | $316,806 |
| 10 | Tape Ministries Northwest | 820 S 192nd Street, Seattle, WA 98148 | WA | 1993-10 | $294,492 |
| 11 | Middleburg Library Advisory Board Inc | Po Box 1823, Middleburg, VA 20118 | VA | 1998-10 | $280,090 |
| 12 | Wood Place Public Library Of California Missouri | 501 S Oak St, California, MO 65018-1241 | MO | 1998-09 | $234,357 |
| 13 | Washington Library Association | PO BOX 348, Washington, ME 04574-0348 | ME | 1993-03 | $190,750 |
| 14 | Lubec Memorial Library | 55 Water Street, Lubec, ME 04652 | ME | 1997-07 | $130,801 |
| 15 | Phillips Public Library | PO BOX O, Phillips, ME 04966-1514 | ME | 1998-11 | $65,141 |
| 16 | Carthage Historical Society Inc | 56 Berry Mills Road, Carthage, ME 04224 | ME | 1995-04 | $0 |
| 17 | Friends Of The Milbridge Public Library | 13 Heron Drive, Milbridge, ME 04658 | ME | 1994-07 | $0 |
| 18 | Livermore Library Association | P O Box 620, Livermore, ME 04253 | ME | 1995-08 | $0 |
| 19 | North Bridgton Public Library | 33 Chadbourne Hill Road, Bridgton, ME 04009 | ME | 1995-05 | $0 |
| 20 | Richmond Library Association, Isaac Umberhine Library | 164 Main St Ste 3, Richmond, ME 04357 | ME | 1997-06 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 308 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Phillips Public Library »
Non-representatives - add comments about Phillips Public Library»