Form 990 for tax year 2023
Filed by MILFORD DISTRICT FREE PUBLIC LIBRARY COMMISSION.
Totals
- Total revenue
- $1,183,624
- Total expenses
- $955,571
- Contributions and grants received
- $1,132,968
- Grants paid
- $0
- Program service revenue
- $19,650
- Investment income
- $17,430
- Other revenue
- $13,576
- Total assets, end of year
- $4,728,169
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $4,728,169
- Program services expenses (Part IX)
- $955,571
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $955,571
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$1,113,062
-
1f · All other contributions, gifts and grants
$19,906
-
2a · Program service revenue: Fines & Fees
total $19,650 · unrelated business $0 · excluded $0
-
3 · Investment income
total $34,218 · unrelated business $0 · excluded $34,218
-
6a · Gross rents
real property $19,500
-
6b · Less rental expenses
real property $5,924
-
6c · Rental income or loss
real property $13,576
-
6d · Net rental income or loss
total $13,576 · related or exempt $13,576
-
7b · Less cost or other basis and sales expenses
securities $16,788
-
7c · Gain or loss
securities -$16,788
-
7d · Net gain or loss
total -$16,788 · related or exempt $0 · unrelated business $0 · excluded -$16,788
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $64,039 · program services $64,039 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $348,573 · program services $348,573 · management and general $0 · fundraising $0
-
8 · Pension plan contributions
total $9,708 · program services $9,708 · management and general $0 · fundraising $0
-
9 · Other employee benefits
total $42,385 · program services $42,385 · management and general $0 · fundraising $0
-
10 · Payroll taxes
total $31,565 · program services $31,565 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $1,043 · program services $1,043 · management and general $0 · fundraising $0
-
11c · Fees: accounting
total $11,185 · program services $11,185 · management and general $0 · fundraising $0
-
11f · Fees: investment management
total $6,638 · program services $6,638 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $8,997 · program services $8,997 · management and general $0 · fundraising $0
-
13 · Office expenses
total $18,523 · program services $18,523 · management and general $0 · fundraising $0
-
14 · Information technology
total $1,870 · program services $1,870 · management and general $0 · fundraising $0
-
16 · Occupancy
total $45,913 · program services $45,913 · management and general $0 · fundraising $0
-
17 · Travel
total $133 · program services $133 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $145,141 · program services $145,141 · management and general $0 · fundraising $0
-
23 · Insurance
total $12,101 · program services $12,101 · management and general $0 · fundraising $0
-
24a · Other expenses: Programs
total $32,661 · program services $32,661 · management and general $0 · fundraising $0
-
24b · Other expenses: Library Materials
total $39,461 · program services $39,461 · management and general $0 · fundraising $0
-
24c · Other expenses: Capital Expenditures
total $60,145 · program services $60,145 · management and general $0 · fundraising $0
-
24d · Other expenses: Maint & Repairs
total $75,490 · program services $75,490 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $320 · end of year $320
-
2 · Savings and temporary cash investments
beginning of year $393,544 · end of year $776,345
-
10a · Land, buildings and equipment: cost or other basis
$6,165,320
-
10b · Land, buildings and equipment: accumulated depreciation
$3,093,921
-
10c · Land, buildings and equipment, net
beginning of year $3,239,061 · end of year $3,071,399
-
13 · Investments: program-related
beginning of year $781,245 · end of year $880,105
-
27 · Net assets without donor restrictions
beginning of year $4,414,170 · end of year $4,728,169
Mission and programs · 2023
Mission
Library services for residents of Milford School District, Kent & Sussex Counties including provide access and guidance to information and materials to fulfill edcuational, informational, recreational and cultural needs.
-
OPERATION OF THE LIBRARY TO SERVE ANY LIBRARY CARD HOLDER OF THE STATE OF DELAWARE.
Expenses $955,571 · Revenue $1,183,624
As filed on the 2023 return.
Listed in Part VII
-
Lois Studte
President
- Total calculated
- $0
- Hours/week
- 2
-
Joe Zurzolo
Vice President
- Total calculated
- $0
- Hours/week
- 2
-
Ray Lynch
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Patricia Calhoun
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Ya'nelle Powell
At-Large
- Total calculated
- $0
- Hours/week
- 2
-
Lea Rosell
Director
- Total calculated
- $64,039
- From this org
- $0
- From related orgs
- $64,039
- Other
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 12 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202501339349302275
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