Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

FRIENDS OF BELMONT PUBLIC LIBRARY INC is a volunteer-driven nonprofit organization dedicated to enhancing and supporting the Belmont Public Library's mission of fostering literacy and lifelong learning. Celebrating its 50th anniversary in 2022, the organization operates with an annual budget of $32.7K and total revenue of $58.4K, primarily funded through individual membership donations and book sales, without relying on any single funder for more than 50% of its revenue. Key initiatives include funding museum passes, summer reading programs, and community events, supported by major funders such as FIDELITY INVESTMENTS CHARITABLE GIFT FUND and JPMORGAN CHASE FOUNDATION.

Mission Statement

CELEBRATING ITS 50TH ANNIVERSARY IN 2022, THE FRIENDS OF THE BELMONT PUBLIC LIBRARY (FOBPL) PROMOTES, ENHANCES AND SUPPORTS PROGRAMS AND SERVICES THAT ADVANCE OUR LIBRARY'S MISSION TO FOSTER LITERACY AND LIFELONG LEARNING. AS A NONPROFIT, CHARITABLE 501(C)(3), THE FOBPL IS AN ALL-VOLUNTEER ORGANIZATION THAT RAISES FUNDS FROM INDIVIDUAL MEMBERSHIP DONATIONS AND BOOK SALES. WE FUND THE PURCHASE OF BOSTON-AREA MUSEUM PASSES, SUMMER READING PROGRAMS FOR CHILDREN, TEENS AND ADULTS, 3D PRINTING CLASSES, ENGLISH CONVERSATION CIRCLES, AUTHOR SERIES, MUSIC SERIES, THE ONE BOOK ONE BELMONT COMMUNITY READ, AND OTHER IMPORTANT GIFTS TO THE LIBRARY.
Revenues
$58.4K
Expenses
$32.7K
Net Income:
+$25.7K
Assets
$235.6K
Liabilities
$0
Net Assets:
+$235.6K
Operating Budget
$32.7K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
3
Median grant size
$5K
Largest grant received
$5.9K
C
Cyndi Reitmeyer
Board Member
D
Diane Coulopoulos
Employee
N
Nancy Dignan
Employee

Frequently Asked Questions

What is FRIENDS OF BELMONT PUBLIC LIBRARY INC’s budget?
In 2024, FRIENDS OF BELMONT PUBLIC LIBRARY INC reported an annual operating budget of around $33 thousand. More detailed financial information is available to registered users.
What causes does FRIENDS OF BELMONT PUBLIC LIBRARY INC support?
FRIENDS OF BELMONT PUBLIC LIBRARY INC supports work in Music, Landscaping, and Libraries.
Where does FRIENDS OF BELMONT PUBLIC LIBRARY INC operate?
FRIENDS OF BELMONT PUBLIC LIBRARY INC is headquartered in BELMONT, MA.
Who funded FRIENDS OF BELMONT PUBLIC LIBRARY INC recently?
In 2024, FRIENDS OF BELMONT PUBLIC LIBRARY INC received grants from FIDELITY INVESTMENTS CHARITABLE GIFT FUND, The Fullgraf Foundation, and CYRIL F & MARIE O'NEIL FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant FRIENDS OF BELMONT PUBLIC LIBRARY INC received in 2024?
The largest grant to FRIENDS OF BELMONT PUBLIC LIBRARY INC in 2024 exceeds $5,850.