Overview

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Est.

1948

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Albemarle Regional Library is a nonprofit organization dedicated to establishing and maintaining libraries for public use. With an operating budget of $1.4 million and total revenue of $1.3 million for the 2024 filing year, it is primarily funded by the North Carolina Community Foundation. The organization focuses on enhancing access to library resources in its community.

Mission Statement

TO ESTABLISH AND MAINTAIN LIBRARIES FOR USE BY THE GENERAL PUBLIC.
Revenues
$1.3M
Expenses
$1.4M
Net Income:
-$35.6K
Assets
$2.4M
Liabilities
$436K
Net Assets:
+$2M
Operating Budget
$1.4M
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
1
Median grant size
$6.3K
Largest grant received
$6.3K
H
Hugh H Davis
Board Member
H
Harriet Byrum
Board Member
I
Irene Walker
Board Member

Frequently Asked Questions

What is ALBEMARLE REGIONAL LIBRARY’s budget?
In 2024, ALBEMARLE REGIONAL LIBRARY reported an annual operating budget of around $1.4 million. More detailed financial information is available to registered users.
What causes does ALBEMARLE REGIONAL LIBRARY support?
ALBEMARLE REGIONAL LIBRARY supports work in Libraries.
Where does ALBEMARLE REGIONAL LIBRARY operate?
ALBEMARLE REGIONAL LIBRARY is headquartered in Winton, NC.
Who funded ALBEMARLE REGIONAL LIBRARY recently?
In 2020, ALBEMARLE REGIONAL LIBRARY received grants from NORTH CAROLINA COMMUNITY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant ALBEMARLE REGIONAL LIBRARY received in 2020?
The largest grant to ALBEMARLE REGIONAL LIBRARY in 2020 exceeds $6,347.
What is ALBEMARLE REGIONAL LIBRARY’s reliance on government grants?
ALBEMARLE REGIONAL LIBRARY relied on government grants for more than 95% of their total revenue in 2024.