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Friends Of The Library Montgomery County Inc

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

EIN: 521283371 ✦ Rockville, MD ✦ Designated as a 501(c)(3)

Overview

What is Friends Of The Library Montgomery County Inc?

Friends of the Library Montgomery County Inc., or FOLMC, is a dedicated nonprofit organization based in Rockville, Maryland. Their primary objective is to boost the capabilities and reach of Montgomery County Public Libraries (MCPL), fostering lifelong learning in the county. FOLMC achieves this by providing supplemental funding, programs, and materials, utilizing sales of donated books as their primary source of income. Notable projects supported by FOLMC include the Library After Dark Gala, an annual event celebrating libraries and their supporters, and the Vinyl Record Festival, which promotes the resurgence of vinyl records and offers related activities. Furthermore, FOLMC funds workshops and classes for MCPL staff, as well as the Mosaic program, which encourages creative writing among middle school students. Collaborating with MCPL and Montgomery County Public Schools, FOLMC organizes Library Lovers Month and hosts a variety of events, supporting the library community and championing its initiatives. FOLMC also operates two award-winning used bookstores, providing affordable materials to the community, and funds diverse MCPL programs, such as English conversation clubs and summer reading programs for children.


Official website here: www.folmc.org

Is Friends Of The Library Montgomery County Inc legitimate?

Friends Of The Library Montgomery County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Library Montgomery County Inc 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.

Here are some key statistics you may want to consider:

Executive Compensation: $132,310
Professional Fundraising Fees: $0
Other Salaries and Wages: $408,257

For more financial information, click here


Official website here: www.folmc.org

What is the mission statement of Friends Of The Library Montgomery County Inc?

Friends of the Library Montgomery County Inc's mission is centered around strengthening, promoting, and championing public libraries to better serve the diverse and evolving communities. Their objective is to enhance the libraries' capabilities beyond public funding, providing additional resources, programs, and materials. The organization's primary funding source is from the sale of donated books. Some of their significant projects include Library After Dark Gala, Vinyl Record Festival, Contemporary Conversations, workshops/classes, Mosaic: Celebrating Diversity through Creative Writing, Library Lovers Month, and Member-chapter events. These initiatives aim to promote lifelong learning, engage the community, and support the library staff. During challenging times like COVID-19, these events and programs have been adapted to a virtual environment to continue their mission.


Official website here: www.folmc.org

What is the revenue of Friends Of The Library Montgomery County Inc?

Friends Of The Library Montgomery County Inc's revenue in 2022 was $1,939,124.


Official website here: www.folmc.org

Who are the executives of Friends Of The Library Montgomery County Inc and what are their salaries?

The average compensation at Friends Of The Library Montgomery County Inc during 2022 was $20,791. There are 26 employees and 59 volunteers at Friends Of The Library Montgomery County Inc.

Here are 20 key members and their salaries:

    Ari Z Brooks (Executive Director)
  • Compensation: $99,636
  • Related: $0
  • Other: $35,694

    • Denise Neary (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frances Frost (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelly Metz (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pamela Saussy (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cephas Silvera (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Javiera Alarcon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathy Bittinger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristen Theiss (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larissa Johnson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lynn Abrahamson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margo Brenner-Collins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martin White (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melissa Mcdonald (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paige Nerenberg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rachel Maleh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tony Spearman-Leach (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tyler Hoover (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wilson Badillo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.folmc.org

    Where can I find the form 990 for Friends Of The Library Montgomery County Inc?

    The Friends Of The Library Montgomery County Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.folmc.org

    Learn more at the official website: www.folmc.org

    Mission Statement of Friends Of The Library Montgomery County Inc

    Friends of the Library Montgomery County Inc, often referred to as FOLMC, is a dedicated organization with a mission to strengthen, promote, and champion Montgomery County Public Libraries (MCPL). This mission stems from a desire to enhance the libraries' ability to serve the diverse and evolving communities of Montgomery County. FOLMC achieves this by providing supplemental funding, programs, and materials to MCPL, augmenting public funding.

    The primary source of FOLMC's funding comes from the sale of donated books. This nonprofit organization has supported various major projects for MCPL, including the Library After Dark Gala, Vinyl Record Festival, Contemporary Conversations, workshops and classes, Mosaic: Celebrating Diversity Through Creative Writing, Library Lovers Month, and membership events. These initiatives aim to promote lifelong learning, engage the community, and enrich the library experience for patrons of all ages. By supporting MCPL, FOLMC plays a crucial role in enhancing the library system's overall capabilities and impact on the Montgomery County community.

    Impact

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




    Saturday, July 20, 2024

    Friends Of The Library Montgomery County Inc, also known as FOLMC, has made a significant impact in Montgomery County by strengthening, promoting, and championing the Montgomery County Public Libraries (MCPL). They support MCPL by providing supplemental funding, programs, materials, and equipment to enhance public library services beyond what public funding allows. FOLMC's primary source of funding comes from the sale of donated books, which directly benefits MCPL.

    One major project supported by FOLMC is the Library After Dark Gala, an annual event celebrating the value of libraries and recognizing the dedicated individuals who contribute to the success of MCPL. FOLMC has also initiated events like the Vinyl Record Festival and Contemporary Conversations, bringing engaging programs and speakers to the community.

    Through various initiatives such as workshops, classes, and programs like Mosaic: Celebrating Diversity Through Creative Writing, FOLMC promotes lifelong learning and creative expression in Montgomery County. They also organize events like Library Lovers Month and support community programs like the Summer Reading Program for children.

    Furthermore, FOLMC operates two award-winning used bookstores that provide affordable materials to the community, with revenue supporting FOLMC's programs and funding other MCPL initiatives. Despite challenges like the COVID-19 pandemic, FOLMC has adapted its programs to virtual environments to continue supporting MCPL and serving the diverse communities of Montgomery County.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,923
  • Program Service Revenue: $400
  • Gross Receipts: $3,296,502

    • Assets and Liabilities:
  • Total Assets: $2,225,834
  • Total Liabilities: $372,065
  • Net Assets: $1,853,769
  • Programs

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

    Programs and events

    Revenue

    $400

    Organization Details

    Founding Year

    1983

    Main Address

    21 Maryland Avenue 310, Rockville, MD, 20850

    NTEE Category

    Code: T30J - Philanthropy

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