FRIENDS OF THE LITTLETON LIBRARY AND MUSEUM INC

EIN: 846043543 501(c)(3)

LITTLETON, CO

Total Revenue
$153,831
Total Expenses
$129,765
Total Assets
$632,639
Net Assets
$629,674
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
CO
Principal Officer
Laura Hampton
Phone
3037953961
Tax Period
2023-01-01 to 2023-12-31

FRIENDS OF THE LITTLETON LIBRARY AND MUSEUM INC, founded in 1965, is a small nonprofit that reported $154K in total revenue in fiscal year 2023. The organization ran a surplus of $24K, a strong 16% operating margin.

Mission

Mission: The Friends of the Littleton Library and Museum, Inc. is a 501(c)(3) non-profit service organization providing financial and volunteer support for the Littleton Bemis Public Library and the Littleton Museum. The Friends sponsor and support events to increase community awareness of these valuable community resources. The Friends offer new and current members opportunities to serve their community, to make new friends, and to insure that the Library and Museum continue to be vital links to our future and our past.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $23,897
Program Service Revenue $24,928
Investment Income $31,611
Other Revenue $73,395
TOTAL REVENUE $153,831

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $118,696
Other Expenses $129,765
TOTAL EXPENSES $129,765

Year-over-Year Comparison

2023 2022 Change
Revenue $153,831 $160,736 0.0%
Expenses $129,765 $174,504 -0.3%
Net Income $24,066 $-13,768 -2.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
100

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Laura Hampton President 8
Officer Director
$0 $0 $0
Briana McCrumb 1st Vice President 4
Officer Director
$0 $0 $0
Sue McNamee 2nd Vice President 4
Officer Director
$0 $0 $0
Renee Posey Secretary 4
Officer Director
$0 $0 $0
Joyce Cunningham Treasurer 8.00
Officer Director
$0 $0 $0
Kelly Anton Director 4
Director
$0 $0 $0
Paul Bingham Director 4
Director
$0 $0 $0
Lisa Ohlgren Director 6
Director
$0 $0 $0
Erin Shock Director 4
Director
$0 $0 $0
Caroline Spoerl Director 4
Director
$0 $0 $0
Al Stutson Director 4
Director
$0 $0 $0
Tim Nimz Ex-Officio Director-Littleton Musuem 2
Director
$0 $0 $0
Dennis Quinn Ex-Officio Director - Bemis Public Library 2
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $153,831 $129,765 $632,639 $24,066
2022 $160,736 $174,504 $562,030 $-13,768
2021 $202,395 $133,447 $686,219 $68,948
2020 $73,987 $64,096 $611,017 $9,891
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