The Friends Of The Portage Free Library Inc, Friends Of The Portage Public Library in Portage, Wisconsin (WI)

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The Friends Of The Portage Free Library Inc, Friends Of The Portage Public Library
Employer Identification Number (EIN)391630464
Name of OrganizationThe Friends Of The Portage Free Library Inc
Secondary NameFriends Of The Portage Public Library
In Care of NameSusan G Martin
Address253 West Edgewater Street, Portage, WI 53901
ActivitiesLiterary activities
SubsectionCharitable Organization
Ruling Date05/1989
DeductibilityContributions are deductible
FoundationOrganization 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
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2013
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$1,914
Amount of Income$6,539
Form 990 Revenue Amount$6,539


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Financial snapshot ($)

Revenue for 2012

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$6,539
Contributions, gifts, grants, and similar amounts received$299
Program service revenue including government fees and contracts$0
Membership dues and assessments$2,580
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$3,660
Gross income from gaming$0
Gross income from fundraising events$3,660
Less: direct expenses from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$4,825
Total net assets$1,914
Excess for the year$1,714
Net assets or fund balances at beginning of year$200
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$1,914
Total liabilities$0
Net assets or fund balances$1,914
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: (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
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
2008 - 2012 Total
Total support$27,336
Gifts, grants, contributions, and membership fees received$13,710
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$13,626
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 and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
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