Friends Of The Lexington Public Library

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237026942 ✦ Lexington, KY ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of The Lexington Public Library?

Friends of the Lexington Public Library is a nonprofit organization situated in Lexington, Kentucky, specifically at 140 East Main Street. Their primary mission is to raise funds by selling donated books and other items, with the purpose of offering financial and volunteer support to the local Lexington Public Library. With a team of five dedicated individuals, they contribute significantly to the library's resources and operations by leveraging their fundraising efforts. The organization's primary activity revolves around promoting literacy and library services by sourcing and selling second-hand books and materials.

Is Friends Of The Lexington Public Library legitimate?

Friends Of The Lexington Public Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Lexington Public Library submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $60,721

For more financial information, click here

What is the mission statement of Friends Of The Lexington Public Library?

Friends of the Lexington Public Library's mission is centered around raising funds through the sale of donated books and other items. This financial support, along with volunteer efforts, is dedicated to bolstering the operations and services of the Lexington Public Library. By doing so, they aim to enhance the library's resources and capabilities, ultimately benefiting the community as a whole. The organization's primary focus lies in leveraging book donations to generate revenue, which is then utilized to strengthen the library's ability to serve its patrons effectively.

Who is the CEO of Friends Of The Lexington Public Library?

Lori Meister is the Treasurer of Friends Of The Lexington Public Library.

What is the revenue of Friends Of The Lexington Public Library?

Friends Of The Lexington Public Library's revenue in 2023 was $334,314.

Who are the executives of Friends Of The Lexington Public Library and what are their salaries?

The average compensation at Friends Of The Lexington Public Library during 2023 was $12,144. There are 5 employees and 278 volunteers at Friends Of The Lexington Public Library.


Here are 8 key members and their salaries:


Rod Brotherton (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Johnson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Meister (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Will Barnhart (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Hicks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jojo Yuen (Executive Director)
  • Compensation: $25,720
  • Related: $0
  • Other: $0
Vickie Batzka (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Bohart (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Friends Of The Lexington Public Library?

Friends Of The Lexington Public Library's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Friends Of The Lexington Public Library

Friends of the Lexington Public Library is an organization dedicated to supporting the financial and volunteer needs of the Lexington Public Library. They achieve this by engaging in fundraising activities, primarily through the sale of donated books and other items. This mission enables the library to maintain its operations and services, ensuring that the community has access to a wealth of knowledge and resources. The organization's efforts also involve volunteering, contributing valuable time and energy to further enhance the library's offerings and reach. By supporting Friends of the Lexington Public Library, individuals can contribute positively to the local community, helping to preserve and enrich the library's resources for future generations.

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Impact




October, 2024

Friends Of The Lexington Public Library significantly enhances the resources and services available at the Lexington Public Library through its fundraising initiatives. By organizing sales of donated books and other materials, they generate essential financial support that helps sustain and expand library programs and services. The continued contributions from the community not only provide a diverse inventory for avid readers but also promote a culture of literacy and education in Lexington.

Their efforts go beyond just fundraising; they mobilize volunteers who are dedicated to enriching the library experience for all patrons. This collaboration between community members and the library fosters a strong sense of ownership and pride in local educational resources. Overall, Friends Of The Lexington Public Library plays a crucial role in ensuring that the library remains a vibrant hub for learning, exploration, and community engagement in Lexington, KY.




This information is meant to be a general summary of Friends Of The Lexington Public Library. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$334,314 (2023)
Expenses
$320,480 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $104
  • Program Service Revenue: $119,969
  • Gross Receipts: $334,314

Assets and Liabilities:

  • Total Assets: $188,861
  • Total Liabilities: $705
  • Net Assets: $188,156

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Book Sales

Revenue

$119,969

Organization Details

Founding Year

1968

Principal Officer

Lori Meister

Main Address

140 East Main Street, Lexington, KY, 40507

NTEE Category

Code: B70 - Education

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