Friends Of The Lake Oswego Public Library in Lake Oswego, Oregon (OR)
Table of contents:
| Friends Of The Lake Oswego Public Library | |
| Employer Identification Number (EIN) | 510175514 |
| Name of Organization | Friends Of The Lake Oswego Public Library |
| Address | PO BOX 100, Lake Oswego, OR 97034-0100 |
| Activities | Library, Literary activities |
| Subsection | Educational Organization, Literary Organization |
| Ruling Date | 01/1976 |
| Deductibility | Contributions are deductible |
| Foundation | Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes |
| Organization | Association |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 06/2014 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $417,937 |
| Amount of Income | $140,182 |
| Form 990 Revenue Amount | $140,182 |
Non-representatives - add comments:
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $125,727 | $129,766 | $131,403 |
| Contributions, gifts, grants, and similar amounts received | $330 | $35 | $98 |
| Program service revenue including government fees and contracts | $0 | $0 | $0 |
| Membership dues and assessments | $8,872 | $12,335 | $11,124 |
| Investment income | $1,141 | $1,389 | $1,536 |
| 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 | $115,384 | $116,007 | $118,645 |
| Gross sales of inventory, less returns and allowances | $115,384 | $116,007 | $118,645 |
| Less: cost of goods sold | $0 | $0 | $0 |
| Other revenue | $0 | $0 | $0 |
| Total expenses | $117,666 | $93,257 | $101,368 |
| Total net assets | $309,991 | $346,500 | $376,535 |
| Excess/Deficit for the year | $8,061 | $36,509 | $30,035 |
| Net assets or fund balances at beginning of year | $316,172 | $309,991 | $346,500 |
| Other changes in net assets or fund balances | $-14,242 | $0 | $0 |
| Net assets or fund balances at end of year | $346,500 | $376,535 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $309,991 | $346,500 | $376,535 |
| Total liabilities | $0 | $0 | $0 |
| Net assets or fund balances | $309,991 | $346,500 | $376,535 |
| 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 | $606,444 |
| Subtotal | $606,444 |
| Gifts, grants, contributions, and membership fees received | $45,711 |
| 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 | $560,733 |
| 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 | $617,912 |
| Public support | $606,444 |
| Subtotal | $11,468 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $11,468 |
| 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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| Other organizations in Oregon | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Friends Of The Bend Libraries | 601 Nw Wall St, Bend, OR 97701-2617 | OR | 1980-08 | $37,076 |
| 2 | Friends Of The Douglas County Museum | 123 Museum Dr, Roseburg, OR 97470 | OR | 1978-08 | $29,623 |
| 3 | Friends Of The Eugene Public Library | 100 W 10th Ave, Eugene, OR 97401-3035 | OR | 1976-04 | $122,472 |
| 4 | Friends Of The Fair Foundation | 3551 E Barnett Rd Ste 105, Medford, OR 97504-7037 | OR | 1998-02 | $399,530 |
| 5 | Friends Of The Family Ministries | 505 Nw Harrison Blvd, Corvallis, OR 97330-4817 | OR | 1994-10 | $258,465 |
| 6 | Friends Of The Family Of North Santiam Inc, Friends Of The Family | PO BOX 501, Stayton, OR 97383-0501 | OR | 1992-07 | $82,801 |
| 7 | Friends Of The Greensprings Incorporated | 15097 Greensprings Hwy 66, Ashland, OR 97520 | OR | 1986-08 | $0 |
| 8 | Friends Of The Hillsboro Public Library | 2850 Ne Brookwood Pkwy, Hillsboro, OR 97124-5327 | OR | 1976-06 | $275,287 |
| 9 | Friends Of The Historic Columbia River Highway | Po Box 50, Bridal Veil, OR 97010 | OR | 2007-01 | $0 |
| 10 | Friends Of The International School Of Beaverton | 17770 Sw Blanton Street, Aloha, OR 97007 | OR | 2006-08 | $63,064 |
| 11 | Friends Of The Lake Oswego Public Library | PO BOX 100, Lake Oswego, OR 97034-0100 | OR | 1976-01 | $140,182 |
| 12 | Lane County Historical Society, Friends Of The Lane County Historic | 740 W 13th Ave, Eugene, OR 97402-4010 | OR | 1990-05 | $285,253 |
| 13 | Friends Of The Lebanon Public Library | 55 Academy St, Lebanon, OR 97355 | OR | 1990-01 | $0 |
| 14 | Friends Of The Ledding Library Of Milwaukie | 10660 Se 21st Avenue, Milwaukie, OR 97222 | OR | 1979-08 | $0 |
| 15 | Friends Of The Ontario Community Library Inc | 388 Sw 2nd Ave, Ontario, OR 97914 | OR | 2001-03 | $0 |
| 16 | Friends Of The Medford Jackson County Library Inc | 205 S Central Ave Ste 107, Medford, OR 97501-7223 | OR | 1983-01 | $41,903 |
| 17 | Friends Of The Metolius | Po Box 101, Camp Sherman, OR 97730 | OR | 1995-06 | $80,271 |
| 18 | Friends Of The Milwaukie Center | 5440 Se Kellogg Creek Dr, Milwaukie, OR 97222-2149 | OR | 1982-01 | $271,004 |
| 19 | Friends Of The Mounted Patrol | 1362 Nw Naito Pkwy, Portland, OR 97209-2827 | OR | 2011-01 | $179,396 |
| 20 | Friends Of The Multnomah County Library | 919 Sw Taylor St Ste 220, Portland, OR 97205-2567 | OR | 1982-10 | $435,097 |
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