Gowanda Free Library in Gowanda, New York (NY)
Table of contents:
| Gowanda Free Library | |
| Employer Identification Number (EIN) | 166000414 |
| Name of Organization | Gowanda Free Library |
| Address | 56 W Main St, Gowanda, NY 14070-1306 |
| Activities | Library |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 02/2001 |
| 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 | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $329,995 |
| Amount of Income | $149,442 |
| Form 990 Revenue Amount | $88,564 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: Libraries |
Non-representatives - add comments:
Amount of income in 2013: $149,442 (it was $146,459 in 2012)
| This organization: | $149,442 |
| Other organizations performing similar types of work: | $84,385 |
Assets in 2013: $329,995 (it was $332,227 in 2012)
| Gowanda Free Library: | $329,995 |
| Other organizations performing similar types of work: | $188,533 |
Expenses in 2013: $98,473
| This organization: | $98,473 |
| Other organizations performing similar types of work: | $59,444 |
Income to expenses ratio in 2013: 1.5
| Gowanda Free Library: | 1.5 |
| Other organizations performing similar types of work: | 1.3 |
Grants share in income in 2013: 81.7%
| Gowanda Free Library: | 81.7% |
| Other organizations performing similar types of work: | -,nan,(ind)% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $88,564 | ||
| Contributions, gifts, grants, and similar amounts received | $72,366 | ||
| Program service revenue including government fees and contracts | $2,068 | ||
| Membership dues and assessments | $0 | ||
| Investment income | $8,461 | ||
| Gain/Loss from sale of assets other than inventory | $5,791 | ||
| Gross amount from sale of assets other than inventory | $64,005 | ||
| Less: cost or other basis and sales expenses | $58,214 | ||
| Net income/loss from gaming and fundraising events | $1,043 | $2,691 | $-122 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $2,542 | ||
| Less: direct expenses from gaming and fundraising events | $2,664 | ||
| Gross profit/loss from sales of inventory | $0 | ||
| Other revenue | $0 | ||
| Total expenses | $98,473 | ||
| Total net assets | $329,995 | ||
| Excess/Deficit for the year | $-9,909 | ||
| Net assets or fund balances at beginning of year | $332,227 | ||
| Other changes in net assets or fund balances | $7,677 | ||
| Net assets or fund balances at end of year | $329,995 | ||
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $332,655 | $332,227 | $329,995 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $329,995 | ||
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | ||
| Were any significant changes made to the organizing or governing documents? | No | ||
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | 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 | ||
| Amount of political expenditures, direct or indirect | $0 | ||
| Did the organization file Form 1120-POL for this year? | 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 | ||
| Total amount involved | $0 | ||
| Initiation fees and capital contributions | $0 | ||
| Gross receipts for public use of club facilities | $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 | ||
| 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 | $392,591 |
| Subtotal | $392,591 |
| Gifts, grants, contributions, and membership fees received | $385,884 |
| 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 | $6,707 |
| 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 | $474,612 |
| Public support | $392,591 |
| Subtotal | $82,021 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $82,021 |
| 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 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Mount Vernon Public Library | 28 S 1st Ave, Mount Vernon, NY 10550-3408 | NY | 2014-05 | $3,453,866 |
| 2 | Upper Hudson Library System | 28 Essex Street, Albany, NY 12206-2039 | NY | 1973-04 | $2,029,483 |
| 3 | Western Sullivan Public Library | PO BOX 594, Jeffersonvlle, NY 12748-0594 | NY | 2002-09 | $841,185 |
| 4 | Ny 3rs Association | 6721 Us Hwy 11, Potsdam, NY 13676 | NY | 2004-08 | $729,057 |
| 5 | Greenwood Lake Public Library | PO BOX 1139, Greenwood Lk, NY 10925-1139 | NY | 2011-09 | $727,431 |
| 6 | Massena Public Library | 41 Glenn St, Massena, NY 13662-2017 | NY | 2011-09 | $617,709 |
| 7 | Cny Connect Ny Inc | 6721 Us Highway 11, Potsdam, NY 13676-3132 | NY | 2010-03 | $566,985 |
| 8 | Palmyra Community Library | 402 E Main St, Palmyra, NY 14522-1105 | NY | 2011-06 | $502,626 |
| 9 | Plattekill Library | 2047 State Route 32, Modena, NY 12548-5017 | NY | 2012-09 | $441,026 |
| 10 | Wadsworth Library | 24 Center Street, Geneseo, NY 14454 | NY | 2009-09 | $385,583 |
| 11 | Solvay Public Library | 615 Woods Rd, Solvay, NY 13209-1681 | NY | 2002-10 | $372,147 |
| 12 | Bolivar Free Library | 390 Main St, Bolivar, NY 14715-1124 | NY | 2012-01 | $283,903 |
| 13 | Fulton Public Library | 160 S 1st Street, Fulton, NY 13069 | NY | 2007-05 | $281,262 |
| 14 | Waterford Public Library | 117 3rd St, Waterford, NY 12188-1939 | NY | 2005-03 | $271,627 |
| 15 | Pine Bush Area Public Library District | PO BOX 63, Pine Bush, NY 12566-0063 | NY | 2011-02 | $260,343 |
| 16 | Cazenovia Community Resource Center Inc | 155 Cazenovia Street, Buffalo, NY 14210 | NY | 2009-07 | $259,814 |
| 17 | Tupper Lake Public Library | 49 Lake St, Tupper Lake, NY 12986 | NY | 2001-08 | $199,763 |
| 18 | Levi Yitzchak Family Center Inc | 748 Central Ave, Woodmere, NY 11598-2615 | NY | 2012-06 | $178,995 |
| 19 | Old Forge Library Associatiion Inc | PO BOX 128, Old Forge, NY 13420-0128 | NY | 2014-09 | $166,853 |
| 20 | Stillwater Free Library | PO BOX 485, Stillwater, NY 12170-0485 | NY | 2002-09 | $160,725 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 1,701 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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