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LIBRARY OF MICHIGAN FOUNDATION
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LIBRARY OF MICHIGAN FOUNDATION
Lansing, MI, US
•
501(c)(3)
•
EIN
38-2611742
•
WWW.LIBRARYOFMICHIGANFOUNDATION.COM
LIBRARY OF MICHIGAN FOUNDATION
Sign up to claim this org
Lansing, MI, US
•
501(c)(3)
•
EIN
38-2611742
•
WWW.LIBRARYOFMICHIGANFOUNDATION.COM
Overview
Programs
990s
Income Statement
Balance Sheet
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People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
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Income Statement
Fiscal Year Start:
Oct 1
Revenues in
2024
$212,885
Contributions
59%
Investments
30%
Other
11%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in
2024
$208,855
Salaries & Benefits
44%
Other
35%
Fees to Service Providers
18%
Grants
2%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$118,260
$125,238
+6%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$53,681
$64,322
+20%
Other
$31,542
$23,325
-26%
Total Revenues
$203,483
$212,885
+5%
Expenses
2023
2024
Change
Grants
$0
$5,000
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$115,203
$91,042
-21%
Fees to Service Providers
$51,971
$37,927
-27%
Advertising & Promotion
$1,000
$0
-100%
Offices, Occupancy & IT
$7,916
$1,922
-76%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$138,108
$72,964
-47%
Total Expenses
$314,198
$208,855
-34%
Net income
2023
2024
Change
Net income
-$110,715
+$4,030
-104%
Functional Expenses
Summary
2023
2024
Change
Program
$109,311
$106,239
-3%
Admin
$204,887
$102,616
-50%
Fundraising
$0
$0
-
Total Expenses
$314,198
$208,855
-34%
Income Statement