 Treasurer’s
Report to the Community
The Friends of the Library of Flagler County ( FOLFC ) is a 501(c)(3)
not-for-profit corporation formed in 1978 through
the support of concerned citizens. It's been said that at the heart of
every great community is a great library. To ensure
this, the FOLFC is committed to developing resources -- above and beyond
taxpayer support -- for a public-private
partnership to help keep our library vital for all patrons.
2009 was another successful year for FOLFC. Revenue obtainment was a
bit more than $80,000. It was only a few years ago that this number was
around $50,000.
For 2009, a revenue dollar breaks out as follows:
Membership Dues 46 cents
Contributions 7 cents
Bookstore/Booksales 33 cents
Fund Raising 4 cents
Investment Income 10 cents
The FOLFC has used these financial resources to enhance and expand our
library services and to increase the library’s impact on our community. In
2009, major expenditures were as follows:
Programs: $26,500
On an annual basis, our library is now hosting almost 500 Children’s,
Young Adult and Adult programs with an
attendance of 18,000. FOLFC makes this possible by funding fees, supplies
and refreshments.
Scholarships: $6,000
FOLFC is funding 3 Flagler/Palm Coast graduates with annual $2,000 college
tuition grants. These grants are a way of involving our library in
promoting educational excellence among our student population.
Media: $3,000
Mainly purchasing books and paying the annual movie licensing fee of
$1,200.
Technology: $2,100
Sound equipment, color printer and library web site fees.
Special Events & Projects: $5,600
A signature event of our library is the annual Flagler Reads Together.
Today, all across America, 100’s of communities hold such an event as a
way of uniting people by having them come together to read and discuss the
same book. Also this year, funded the Giving Trees project in conjunction
with the Festival of Trees which financially benefited 12 needy Flagler
County families..
Equipment: $7,200
An assortment of items, like book trucks, browser bin for the children’s
room, outdoor book drop slot, display case, new tables and enhancements to
the Meeting Room sound system.
Communication: $4,800
A vital link of our library with the community is the From the Stacks
Newsletter. Four times a year over 1000 copies of this multi page document
are printed by the FOLFC for distribution to the Friends Membership and
others.
Administration: $8,200
The Officers and Executive Board of the FOLFC serve without salary or
benefits. However, there are a myriad of expenditures necessary by law and
the business operation. Some are as follows: Insurance; $1,100; Sales Tax
on Bookstore/Booksales receipts; $1,800; Fundraising; $2,700; Fees & Dues;
$1,100 and Office Supplies; $1,500
These expenditures would not be possible without the generosity of our
individual and corporate donors. In this regard, the FOLFC Board, the
Library Director and Trustees and the Board of Commissioners of Flagler
County thank you.
Ronald E. Pokigo, Treasurer, FOLFC
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