Iowa City Public Library Friends Foundation Annual Report and ...

Statement of Financial PositionAssetsCash $228,468Pledges Receivable $105,600Investments $1,114,538Other Assets $0Long Term $182,252Total Assets $1,630,858Liabilities and Net AssetsLiabilities $182,252Net AssetsUnrestricted $399,367Temporarily Restricted $354,767Permanently Restricted $694,472Total Net Assets $1,448,606Total Liabilities and Net Assets $1,630,858Iowa City Public Library Friends FoundationFiscal Year 2013July 1, 2012 – June 30, 2013(amounts rounded to the nearest dollar)Statement of Activities Total Unrestricted Temporarily PermanentlyGifts, Revenue, and Gains Restricted RestrictedContributions & Special Events $376,672 $160,644 $210,728 $5,300Book End Store Sales $25,223 $25,223Gifts & Bequests (Passthrough) $51,609 $51,609Interest/Dividends $17,244 $5,149 $2,185 $9,910Gains/(Losses) $133,452 $32,011 $18,345 $83,096Transfers $30,388 $30,388Total Gifts, Revenue and Gains $634,588 $305,024 $231,258 $98,306Library Grants and ExpensesGrants to Library Materials & Programs $217,629 $86,400 $131,229Grants to Library Passthrough $51,609 $51,609Fundraising Expenses $112,486 $109,397 $3,089Book End Store Expenses $5,617 $5,617Administrative Expenses $42,693 $42,693Transfers $30,388 $30,388Total Library Grants and Expenses $460,422 $295,716 $134,318 $30,388Change in Net Assets $174,166 $9,310 $96,940 $67,916Net Assets – Beginning of Year July 1, 2012 $1,274,440 $390,057 $257,827 $626,556Net Assets – End of Year June 30, 2013 $1,448,606 $399,367 $354,767 $694,472