Friends of the Free Library of Philadelphia Inc

Overview

The Friends of the Free Library of Philadelphia Inc is a nonprofit organization dedicated to supporting the Free Library of Philadelphia, which is an essential cultural and educational institution in the city.

Purpose and Activities

This organization is categorized under Educational Institutions and Related Activities with a focus on libraries (NTEE B71I). It aims to promote and enhance the services and resources of the Free Library of Philadelphia, fostering educational and cultural activities throughout the community.

Financial Overview

According to recent financial data, the majority of the organization's revenue comes from program services, with a smaller portion derived from contributions. The organization manages a sizable asset base while maintaining minimal liabilities. Expenses are primarily allocated to salaries and wages for personnel involved in its operations.

Governance and Structure

Friends of the Free Library of Philadelphia Inc operates with a governance structure that includes key officers and chairs, none of whom receive compensation for their roles. This reflects the organization's volunteer-driven nature, emphasizing community support over financial compensation.

Tax Status

Donations to Friends of the Free Library of Philadelphia Inc are tax-deductible, encouraging community members to support library services and programs not funded through city budgets alone.

Role in the Community

While distinct from the Free Library of Philadelphia Foundation, this organization also plays a crucial role in advocating for library services and augmenting community engagement with literacy programs and cultural activities. However, it is unique in its focus and operational structure compared to other supporting entities like the Foundation.