Friends of the Independence Public Library Inc is a private foundation focused on Education, based in INDEPENDENCE, WI. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $7K in total assets.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7K
+115.8% YoY
Revenue
$6K
+70.2% YoY
Net Investment Income
—
Expenses
$2K
+26.9% YoY
Under IRS private-foundation payout rules, Friends of the Independence Public Library Inc reported a distributable amount of $281 for 2024 — the minimum it must pay out in qualifying distributions.
About Friends of the Independence Public Library Inc
Based on IRS filings
Friends of the Independence Public Library Inc is a private foundation focused on Education, based in INDEPENDENCE, WI. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $7K in total assets.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,834 | $3,167 | $1,495 |
| Revenue | $6,076 | $3,570 | $1,495 |
| Expenses | $2,409 | $1,898 | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $281 | $13 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELIZABETH MITCHELL 3 OFFICER | PRESIDENTSECRETARY | 3 | — |
| CELESTE SHANK 1 INDIVID | DIRECTOR | 1 | — |
| LINDA LONGMORE 3 OFFICER | TREASURER | 3 | — |
| JULIE PRONSCHINSKE 1 INDIVID | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Friends of the Independence Public Library Inc?
Friends of the Independence Public Library Inc is a nonprofit organization focused on Education, based in INDEPENDENCE, WI. It holds $7K in total assets as of 2024.
How large is Friends of the Independence Public Library Inc?
As of 2024, Friends of the Independence Public Library Inc holds $7K in total assets with $6K in annual revenue.
How much is Friends of the Independence Public Library Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Friends of the Independence Public Library Inc reported a distributable amount of $281 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Friends of the Independence Public Library Inc's EIN?
Friends of the Independence Public Library Inc's EIN (Employer Identification Number) is 87-3612424. IRS Form 990 filing data is available on this page for 2022–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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