Southcentral Minnesota Inter- Library Exchange in Mankato, Minnesota (MN)

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Southcentral Minnesota Inter- Library Exchange
Employer Identification Number (EIN)411410686
Name of OrganizationSouthcentral Minnesota Inter- Library Exchange
Address1400 Madison Avenue, Mankato, MN 56001-5473
ActivitiesOther cultural or historical activities
SubsectionCharitable Organization
Ruling Date01/1986
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationAssociation
Tax Period06/2012
Assets$100,000 to $499,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$260,446
Amount of Income$145,820
Form 990 Revenue Amount$145,820
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities:


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Amount of income in 2012: $145,820 (it was $148,080 in 2011)
This organization: 

 $145,820
Other organizations performing similar types of work: 

 $162,863

Assets in 2012: $260,446 (it was $204,593 in 2011)
This organization: 

 $260,446
Other organizations performing similar types of work: 

 $260,446

Expenses in 2012: $105,833
Southcentral Minnesota Inter- Library Exchange: 

 $105,833
Other organizations performing similar types of work: 

 $309,054

Income to expenses ratio in 2012: 1.4
Southcentral Minnesota Inter- Library Exchange: 

 1.4
Other organizations performing similar types of work: 

 1.1

Grants share in income in 2012: 99.8%
Southcentral Minnesota Inter- Library Exchange: 

 99.8%
Other organizations performing similar types of work: 

 83.6%

Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$145,820
Contributions, gifts, grants, and similar amounts received$145,583
Program service revenue including government fees and contracts$0
Membership dues and assessments$112
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$125
Total expenses$105,833
Total net assets$232,741
Excess for the year$39,987
Net assets or fund balances at beginning of year$192,754
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$260,446
Total liabilities$27,705
Net assets or fund balances$232,741
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 a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$713,785
Gifts, grants, contributions, and membership fees received$702,181
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$11,604
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Southeastern Libraries Cooperating2600 19th St Nw, Rochester, MN 55901-0767MN1972-09$2,538,277
2North Of Boston Library Exchange Inc26 Cherry Hill Dr, Danvers, MA 01923-2575MA1986-07$1,886,416
3Finger Lakes Library Systems119 E Green St, Ithaca, NY 14850-5613NY1980-03$1,864,292
4Wisconsin Library Association Inc4610 S Biltmore Ln Ste 100, Madison, WI 53718-2153WI1995-07$390,098
5Southeast Library System Sels2600 19th St Nw, Rochester, MN 55901-0767MN1981-09$162,863
6Southcentral Minnesota Inter- Library Exchange1400 Madison Avenue, Mankato, MN 56001-5473MN1986-01$145,820
7Republican Valley Library System2727 West 2nd St Suite 233, Hastings, NE 68901-4684NE1977-10$103,296
8Library Council Of Southeastern Wisconsin Inc814 W Wisconsin Avenue, Milwaukee, WI 53233WI1975-01$44,858
9Georgia Library AssociationPo Box 793, Rex, GA 30273GA1953-06$40,347
10Interlibrary Users Association3518 Northampton Street Nw, Washington, DC 20015DC1976-10$0
11Palm Beach County Library AssociationPo Box 15083, West Palm Beach, FL 33416-5083FL1991-07$0
Number of organizations performing similar types of work
District of Columbia1
Florida1
Georgia1
Massachusetts1
Minnesota3
Nebraska1
New York1
Wisconsin2
Total11

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