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Fayetteville Public Library Foundation

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

EIN: 710827418 ✦ Fayetteville, AR ✦ Designated as a 501(c)(3)

Overview

What is Fayetteville Public Library Foundation?

The Fayetteville Public Library Foundation is a nonprofit organization located in Fayetteville, Arkansas. Its primary mission involves spearheading significant fundraising initiatives to address the financial gap resulting from shrinking municipal budgets and the library's expanding needs. The foundation is instrumental in constructing and maintaining a new library, promoting the library's role in fostering reading, knowledge acquisition, and nurturing a passion for literature. By undertaking these activities, the Fayetteville Public Library Foundation aims to enrich the community and contribute to the love of learning.


Is Fayetteville Public Library Foundation legitimate?

Fayetteville Public Library Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fayetteville Public Library Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $157,077

For more financial information, click here


What is the mission statement of Fayetteville Public Library Foundation?
Who is the CEO of Fayetteville Public Library Foundation?
What is the revenue of Fayetteville Public Library Foundation?
Who are the executives of Fayetteville Public Library Foundation and what are their salaries?

The average compensation at Fayetteville Public Library Foundation during 2022 was $52,359. There are 3 employees and 45 volunteers at Fayetteville Public Library Foundation.

Here are 16 key members and their salaries:


Where can I find the form 990 for Fayetteville Public Library Foundation?

Mission Statement of Fayetteville Public Library Foundation

The Fayetteville Public Library Foundation plays a pivotal role in spearheading significant fundraising initiatives. Its primary objective is to bridge the financial gap that arises due to shrinking municipal budgets and the library's escalating needs. This nonprofit organization is dedicated to enhancing the library's role in fostering a love for reading, knowledge acquisition, and literature. The Fayetteville Public Library Foundation also focuses on advancing the library's mission, contributing to its development and maintenance.

Impact

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




Saturday, July 20, 2024

The Fayetteville Public Library Foundation's impact is significant in bridging the gap caused by shrinking municipal budgets and the library's growing needs. Through major fund-raising campaigns, the foundation plays a crucial role in building and maintaining a new library in Fayetteville, Arkansas. Additionally, it works towards advancing the role of the library in encouraging reading, knowledge acquisition, and a love of literature among the community. By spearheading these initiatives, the foundation contributes to the educational development and cultural enrichment of the residents in Fayetteville.





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: $145,122
  • Program Service Revenue: $0
  • Gross Receipts: $2,783,097

    • Assets and Liabilities:
  • Total Assets: $28,107,099
  • Total Liabilities: $8,132,504
  • Net Assets: $19,974,595
  • Organization Details

    Founding Year

    1999

    Principal Officer

    Teresa Cornett

    Main Address

    401 W MOUNTAIN, FAYETTEVILLE, AR, 72701

    NTEE Category

    Code: B110 - Education

    If you are a representative of Fayetteville Public Library Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.