Foundation for Baltimore County Public Library - 2008 Annual Report

4
Foundation for Baltimore County Public Library
Statement of Activities Year Ended June 30, 2008
Revenues and Other Support Unrestricted Temporarily Restricted Total
Library Administrator’s Digest
subscriptions $43,254 $ -- $43,254
Contributions $43,909 $75,278 $119,187
Grant income $ -- $250,000 $250,000
Investment income $810 $ -- $810
Special events revenue $ -- $29,685 $29,685
Net assets released from restriction $419,576 ($419,576) $ --
Total revenues and other support $507,549 ($64,613) $442,936
Expenses Unrestricted Temporarily Restricted Total
Grants and donations to library $451,011 $ -- $451,011
Library Administrator’s Digest $18,231 $ -- $18,231
Fundraising, including $32,555
in 2008 and $2,190 in 2007
for special events $37,879 $ -- $37,879
Administration $33,309 $ -- $33,309
Total expenses $540,430 $ -- $540,430
Increase (Decrease) In Net Assets ($32,881) ($64,613) ($97,494)
Net Assets, Beginning Of Year $164,165 $99,498 $263,663
Net Assets, End Of Year $131,284 $34,885 $166,169